Jul 12, 2024
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $3.68 to $11.04.
The split itself did not change the total investment value.
Flagstar Bank, N.A. (NYSE:FLG) operates in the Major banks industry.
Flagstar Bank, N.A. company overviewFlagstar Bank, N.A.'s most recent stock split was on July 12, 2024. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Flagstar Bank, N.A. (NYSE:FLG) has split its stock 10 times: a 3-for-2 split on October 3, 1994, a 4-for-3 split on August 23, 1996, a 3-for-2 split on April 11, 1997, a 3-for-2 split on October 2, 1997, a 3-for-2 split on September 30, 1998, a 3-for-2 split on March 30, 2001, a 3-for-2 split on September 21, 2001, a 4-for-3 split on May 22, 2003, a 4-for-3 split on February 18, 2004, and a 1-for-3 reverse split on July 12, 2024.
Flagstar Bank, N.A. has split its stock 10 times. This history records 10 splits between October 3, 1994 and July 12, 2024.
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 Flagstar Bank, N.A.'s 1-for-3 reverse split on July 12, 2024, 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.
Flagstar Bank, N.A. has not announced a new split in our records. Its most recent split was on July 12, 2024, 2 years ago. Companies announce splits in advance, and any new NYSE:FLG split will appear on this page.