Mar 27, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.35 to $3.50.
The split itself did not change the total investment value.
Castor Maritime Inc. (NASDAQ:CTRM) operates in the Marine shipping industry.
Castor Maritime Inc. company overviewCastor Maritime Inc.'s most recent stock split was on March 27, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Castor Maritime Inc. (NASDAQ:CTRM) has split its stock 2 times: a 1-for-10 reverse split on May 28, 2021 and a 1-for-10 reverse split on March 27, 2024.
Castor Maritime Inc. has split its stock 2 times. This history records 2 reverse splits between May 28, 2021 and March 27, 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 Castor Maritime Inc.'s 1-for-10 reverse split on March 27, 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.
Castor Maritime Inc. has not announced a new split in our records. Its most recent split was on March 27, 2024, 2 years ago. Companies announce splits in advance, and any new NASDAQ:CTRM split will appear on this page.
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