Apr 04, 2003
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $31.90 to $95.70.
The split itself did not change the total investment value.
FirstEnergy Corp. (NYSE:FE) operates in the Electric utilities industry.
FirstEnergy Corp. company overviewFirstEnergy Corp.'s most recent stock split was on April 4, 2003. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
FirstEnergy Corp. has split its stock once. This history records one reverse split, on April 4, 2003.
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 FirstEnergy Corp.'s 1-for-3 reverse split on April 4, 2003, every 3 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.
FirstEnergy Corp. has not announced a new split in our records. Its most recent split was on April 4, 2003, 23 years ago. Companies announce splits in advance, and any new NYSE:FE split will appear on this page.