May 07, 2013
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Blackstone Mortgage Trust, Inc. (GETTEX:079A) operates in the Real estate investment trusts industry.
Blackstone Mortgage Trust, Inc. company overviewBlackstone Mortgage Trust, Inc.'s most recent stock split was on May 7, 2013. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Blackstone Mortgage Trust, Inc. (GETTEX:079A) has split its stock 2 times: a 1-for-3 reverse split on April 3, 2003 and a 1-for-10 reverse split on May 7, 2013.
Blackstone Mortgage Trust, Inc. has split its stock 2 times. This history records 2 reverse splits between April 3, 2003 and May 7, 2013.
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 Blackstone Mortgage Trust, Inc.'s 1-for-10 reverse split on May 7, 2013, every 10 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.
Blackstone Mortgage Trust, Inc. has not announced a new split in our records. Its most recent split was on May 7, 2013, 13 years ago. Companies announce splits in advance, and any new GETTEX:079A split will appear on this page.