Jun 07, 2024
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.68 to $8.11.
The split itself did not change the total investment value.
BNB Standard Corporation (NASDAQ:BNC) operates in the Trucks/Construction/Farm machinery industry.
BNB Standard Corporation company overviewBNB Standard Corporation's most recent stock split was on June 7, 2024. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
BNB Standard Corporation (NASDAQ:BNC) has split its stock 3 times: a 5-for-1 split on May 19, 2011, a 1-for-150 reverse split on February 9, 2022, and a 1-for-12 reverse split on June 7, 2024.
BNB Standard Corporation has split its stock 3 times. This history records 3 splits between May 19, 2011 and June 7, 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 BNB Standard Corporation's 1-for-12 reverse split on June 7, 2024, every 12 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.
BNB Standard Corporation has not announced a new split in our records. Its most recent split was on June 7, 2024, 2 years ago. Companies announce splits in advance, and any new NASDAQ:BNC split will appear on this page.