Dec 06, 1994
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
UNIVERSAL INSURANCE HOLDINGS INC (FRA:5UI) operates in the Property/Casualty insurance industry.
UNIVERSAL INSURANCE HOLDINGS INC company overviewUNIVERSAL INSURANCE HOLDINGS INC's most recent stock split was on December 6, 1994. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
UNIVERSAL INSURANCE HOLDINGS INC has split its stock once. This history records one reverse split, on December 6, 1994.
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 UNIVERSAL INSURANCE HOLDINGS INC's 1-for-4 reverse split on December 6, 1994, every 4 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.
UNIVERSAL INSURANCE HOLDINGS INC has not announced a new split in our records. Its most recent split was on December 6, 1994, 31 years ago. Companies announce splits in advance, and any new FRA:5UI split will appear on this page.