Apr 15, 2013
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Digital Turbine, Inc. (GETTEX:4MD) operates in the Packaged software industry.
Digital Turbine, Inc. company overviewDigital Turbine, Inc.'s most recent stock split was on April 15, 2013. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Digital Turbine, Inc. (GETTEX:4MD) has split its stock 2 times: a 5-for-2 split on August 18, 2006 and a 1-for-5 reverse split on April 15, 2013.
Digital Turbine, Inc. has split its stock 2 times. This history records 2 splits between August 18, 2006 and April 15, 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 Digital Turbine, Inc.'s 1-for-5 reverse split on April 15, 2013, 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.
Digital Turbine, Inc. has not announced a new split in our records. Its most recent split was on April 15, 2013, 13 years ago. Companies announce splits in advance, and any new GETTEX:4MD split will appear on this page.