1. Greece Stocks

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    Transportation

  3. •

    Marine shipping
Danaos Corporation

Danaos Corporation

157.81
USD
-0.68
(-0.43%)
29.54EPS
4.13P/E
2.23BMarket Cap
Nov 09Next Earn

Latest Stock Split

May 02, 2019

1:14

For every 14 shares held, investors received 1. The price per share adjusted from $0.85 to $11.97.

The split itself did not change the total investment value.

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Stock Split History

  1. May 02, 2019
    Before$0.85
    Split ratio1:14
    After$11.97
    Reverse

About Danaos Corporation stock splits

Danaos Corporation (NYSE:DAC) operates in the Marine shipping industry.

Danaos Corporation company overview

When did Danaos Corporation stock split?

Danaos Corporation's most recent stock split was on May 2, 2019. It was a 1-for-14 reverse split, so shareholders received 1 share for every 14 they held.

How many times has Danaos Corporation stock split?

Danaos Corporation has split its stock once. This history records one reverse split, on May 2, 2019.

What is a reverse stock split?

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 Danaos Corporation's 1-for-14 reverse split on May 2, 2019, every 14 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.

Will Danaos Corporation split its stock again?

Danaos Corporation has not announced a new split in our records. Its most recent split was on May 2, 2019, 7 years ago. Companies announce splits in advance, and any new NYSE:DAC split will appear on this page.