Jul 01, 2016
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $28.84 to $432.63.
The split itself did not change the total investment value.
Herc Holdings Inc. (FRA:H9B1) operates in the Finance/Rental/Leasing industry.
Herc Holdings Inc. company overviewHerc Holdings Inc.'s most recent stock split was on July 1, 2016. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Herc Holdings Inc. has split its stock once. This history records one reverse split, on July 1, 2016.
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 Herc Holdings Inc.'s 1-for-15 reverse split on July 1, 2016, every 15 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.
Herc Holdings Inc. has not announced a new split in our records. Its most recent split was on July 1, 2016, 10 years ago. Companies announce splits in advance, and any new FRA:H9B1 split will appear on this page.