May 28, 2021
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
TrustCo Bank Corp NY (FRA:TC50) operates in the Savings banks industry.
TrustCo Bank Corp NY company overviewTrustCo Bank Corp NY's most recent stock split was on May 28, 2021. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
TrustCo Bank Corp NY (FRA:TC50) has split its stock 10 times: a 2-for-1 split on November 22, 1993, a 11-for-10 split on September 26, 1994, a 6-for-5 split on August 1, 1995, a 23-for-20 split on October 23, 1996, a 23-for-20 split on October 22, 1997, a 23-for-20 split on October 21, 1998, a 2-for-1 split on November 15, 1999, a 23-for-20 split on October 18, 2000, a 23-for-20 split on October 17, 2001, and a 1-for-5 reverse split on May 28, 2021.
TrustCo Bank Corp NY has split its stock 10 times. This history records 10 splits between November 22, 1993 and May 28, 2021.
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 TrustCo Bank Corp NY's 1-for-5 reverse split on May 28, 2021, 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.
TrustCo Bank Corp NY has not announced a new split in our records. Its most recent split was on May 28, 2021, 5 years ago. Companies announce splits in advance, and any new FRA:TC50 split will appear on this page.