Jun 01, 1992
3:2
For every 2 shares held, investors received 3. The price per share adjusted from $26.38 to $17.58.
The split itself did not change the total investment value.
Elme Communities (NYSE:ELME) operates in the Real estate investment trusts industry.
Elme Communities company overviewElme Communities's most recent stock split was on June 1, 1992. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Elme Communities (NYSE:ELME) has split its stock 4 times: a 3-for-1 split on April 1, 1981, a 3-for-2 split on July 15, 1985, a 3-for-2 split on December 19, 1988, and a 3-for-2 split on June 1, 1992.
Elme Communities has split its stock 4 times. This history records 4 forward splits between April 1, 1981 and June 1, 1992.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Elme Communities's 3-for-2 split on June 1, 1992, every 2 shares became 3 shares.
Elme Communities has not announced a new split in our records. Its most recent split was on June 1, 1992, 34 years ago. Companies announce splits in advance, and any new NYSE:ELME split will appear on this page.