Jun 18, 2024
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Forward Industries, Inc. (BMV:FWDI) operates in the Financial conglomerates industry.
Forward Industries, Inc. company overviewForward Industries, Inc.'s most recent stock split was on June 18, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Forward Industries, Inc. (BMV:FWDI) has split its stock 4 times: a 2-for-1 split on September 29, 1981, a 2-for-1 split on February 1, 1996, a 1-for-2 reverse split on December 24, 1997, and a 1-for-10 reverse split on June 18, 2024.
Forward Industries, Inc. has split its stock 4 times. This history records 4 splits between September 29, 1981 and June 18, 2024.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Forward Industries, Inc.'s 1-for-10 reverse split on June 18, 2024, every 10 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Forward Industries, Inc. has not announced a new split in our records. Its most recent split was on June 18, 2024, 2 years ago. Companies announce splits in advance, and any new BMV:FWDI split will appear on this page.