Feb 25, 2009
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.25 to $0.75.
The split itself did not change the total investment value.
IDT Corporation (FRA:IDC2) operates in the Major telecommunications industry.
IDT Corporation company overviewIDT Corporation's most recent stock split was on February 25, 2009. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
IDT Corporation has split its stock once. This history records one reverse split, on February 25, 2009.
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 IDT Corporation's 1-for-3 reverse split on February 25, 2009, 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.
IDT Corporation has not announced a new split in our records. Its most recent split was on February 25, 2009, 17 years ago. Companies announce splits in advance, and any new FRA:IDC2 split will appear on this page.