Oct 23, 2014
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
NewtekOne, Inc. (DUS:1N31) operates in the Finance/Rental/Leasing industry.
NewtekOne, Inc. company overviewNewtekOne, Inc.'s most recent stock split was on October 23, 2014. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
NewtekOne, Inc. (DUS:1N31) has split its stock 2 times: a 1-for-2 reverse split on July 8, 1983 and a 1-for-5 reverse split on October 23, 2014.
NewtekOne, Inc. has split its stock 2 times. This history records 2 reverse splits between July 8, 1983 and October 23, 2014.
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 NewtekOne, Inc.'s 1-for-5 reverse split on October 23, 2014, every 5 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.
NewtekOne, Inc. has not announced a new split in our records. Its most recent split was on October 23, 2014, 12 years ago. Companies announce splits in advance, and any new DUS:1N31 split will appear on this page.