Jul 01, 2009
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
American International Group, Inc. New (GETTEX:AINN) operates in the Multi-line insurance industry.
American International Group, Inc. New company overviewAmerican International Group, Inc. New's most recent stock split was on July 1, 2009. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
American International Group, Inc. New (GETTEX:AINN) has split its stock 10 times: a 5-for-4 split on April 26, 1983, a 2-for-1 split on November 18, 1986, a 5-for-4 split on July 23, 1990, a 3-for-2 split on July 30, 1993, a 3-for-2 split on July 31, 1995, a 3-for-2 split on July 28, 1997, a 3-for-2 split on August 3, 1998, a 5-for-4 split on August 2, 1999, a 3-for-2 split on July 31, 2000, and a 1-for-20 reverse split on July 1, 2009.
American International Group, Inc. New has split its stock 10 times. This history records 10 splits between April 26, 1983 and July 1, 2009.
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 American International Group, Inc. New's 1-for-20 reverse split on July 1, 2009, 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.
American International Group, Inc. New has not announced a new split in our records. Its most recent split was on July 1, 2009, 17 years ago. Companies announce splits in advance, and any new GETTEX:AINN split will appear on this page.