Jul 12, 2001
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Kadant Inc (FRA:KDA) operates in the Industrial machinery industry.
Kadant Inc company overviewKadant Inc's most recent stock split was on July 12, 2001. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Kadant Inc (FRA:KDA) has split its stock 3 times: a 3-for-2 split on September 18, 1995, a 3-for-2 split on June 27, 1996, and a 1-for-5 reverse split on July 12, 2001.
Kadant Inc has split its stock 3 times. This history records 3 splits between September 18, 1995 and July 12, 2001.
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 Kadant Inc's 1-for-5 reverse split on July 12, 2001, every 5 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.
Kadant Inc has not announced a new split in our records. Its most recent split was on July 12, 2001, 25 years ago. Companies announce splits in advance, and any new FRA:KDA split will appear on this page.