May 14, 2021
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.20 to $7.80.
The split itself did not change the total investment value.
Data Storage Corporation (NASDAQ:DTST) operates in the Information technology services industry.
Data Storage Corporation company overviewData Storage Corporation's most recent stock split was on May 14, 2021. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Data Storage Corporation (NASDAQ:DTST) has split its stock 2 times: a 1-for-7 reverse split on January 27, 2009 and a 1-for-40 reverse split on May 14, 2021.
Data Storage Corporation has split its stock 2 times. This history records 2 reverse splits between January 27, 2009 and May 14, 2021.
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 Data Storage Corporation's 1-for-40 reverse split on May 14, 2021, every 40 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.
Data Storage Corporation has not announced a new split in our records. Its most recent split was on May 14, 2021, 5 years ago. Companies announce splits in advance, and any new NASDAQ:DTST split will appear on this page.