Jul 09, 2004
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
TerraVest Industries, Inc. (DUS:4TV) operates in the Industrial machinery industry.
TerraVest Industries, Inc. company overviewTerraVest Industries, Inc.'s most recent stock split was on July 9, 2004. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
TerraVest Industries, Inc. has split its stock once. This history records one reverse split, on July 9, 2004.
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 TerraVest Industries, Inc.'s 1-for-6 reverse split on July 9, 2004, every 6 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.
TerraVest Industries, Inc. has not announced a new split in our records. Its most recent split was on July 9, 2004, 22 years ago. Companies announce splits in advance, and any new DUS:4TV split will appear on this page.
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