Nov 11, 2020
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Forum Energy Technologies, Inc. (GETTEX:1FE1) operates in the Oilfield services/Equipment industry.
Forum Energy Technologies, Inc. company overviewForum Energy Technologies, Inc.'s most recent stock split was on November 11, 2020. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Forum Energy Technologies, Inc. has split its stock once. This history records one reverse split, on November 11, 2020.
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 Forum Energy Technologies, Inc.'s 1-for-20 reverse split on November 11, 2020, 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.
Forum Energy Technologies, Inc. has not announced a new split in our records. Its most recent split was on November 11, 2020, 5 years ago. Companies announce splits in advance, and any new GETTEX:1FE1 split will appear on this page.