Sep 08, 2015
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
First Busey Corporation (FRA:FBYN) operates in the Regional banks industry.
First Busey Corporation company overviewFirst Busey Corporation's most recent stock split was on September 8, 2015. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
First Busey Corporation (FRA:FBYN) has split its stock 5 times: a 3-for-2 split on May 10, 1993, a 3-for-2 split on May 8, 1996, a 2-for-1 split on August 4, 1998, a 3-for-2 split on August 4, 2004, and a 1-for-3 reverse split on September 8, 2015.
First Busey Corporation has split its stock 5 times. This history records 5 splits between May 10, 1993 and September 8, 2015.
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 First Busey Corporation's 1-for-3 reverse split on September 8, 2015, 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.
First Busey Corporation has not announced a new split in our records. Its most recent split was on September 8, 2015, 11 years ago. Companies announce splits in advance, and any new FRA:FBYN split will appear on this page.