Nov 29, 2023
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.19 to $3.78.
The split itself did not change the total investment value.
iBio, Inc. (GETTEX:0JV0) operates in the Pharmaceuticals: other industry.
iBio, Inc. company overviewiBio, Inc.'s most recent stock split was on November 29, 2023. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
iBio, Inc. (GETTEX:0JV0) has split its stock 3 times: a 1-for-10 reverse split on June 11, 2018, a 1-for-25 reverse split on October 10, 2022, and a 1-for-20 reverse split on November 29, 2023.
iBio, Inc. has split its stock 3 times. This history records 3 reverse splits between June 11, 2018 and November 29, 2023.
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 iBio, Inc.'s 1-for-20 reverse split on November 29, 2023, every 20 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.
iBio, Inc. has not announced a new split in our records. Its most recent split was on November 29, 2023, 2 years ago. Companies announce splits in advance, and any new GETTEX:0JV0 split will appear on this page.