Dec 16, 1997
3:2
For every 2 shares held, investors received 3.
The split itself did not change the total investment value.
Northeast Bank (FRA:73K) operates in the Regional banks industry.
Northeast Bank company overviewNortheast Bank's most recent stock split was on December 16, 1997. It was a 3-for-2 forward split, so shareholders received 3 shares for every 2 they held.
Northeast Bank (FRA:73K) has split its stock 2 times: a 2-for-1 split on December 18, 1995 and a 3-for-2 split on December 16, 1997.
Northeast Bank has split its stock 2 times. This history records 2 forward splits between December 18, 1995 and December 16, 1997.
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 Northeast Bank's 3-for-2 split on December 16, 1997, every 2 shares became 3 shares.
Northeast Bank has not announced a new split in our records. Its most recent split was on December 16, 1997, 28 years ago. Companies announce splits in advance, and any new FRA:73K split will appear on this page.