Jan 06, 2023
1:32
For every 32 shares held, investors received 1.
The split itself did not change the total investment value.
Dave Inc. (FRA:9U8) operates in the Major banks industry.
Dave Inc. company overviewDave Inc.'s most recent stock split was on January 6, 2023. It was a 1-for-32 reverse split, so shareholders received 1 share for every 32 they held.
Dave Inc. has split its stock once. This history records one reverse split, on January 6, 2023.
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 Dave Inc.'s 1-for-32 reverse split on January 6, 2023, every 32 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.
Dave Inc. has not announced a new split in our records. Its most recent split was on January 6, 2023, 3 years ago. Companies announce splits in advance, and any new FRA:9U8 split will appear on this page.