Nov 16, 2022
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.25 to $3.81.
The split itself did not change the total investment value.
Performance Shipping Inc. (GETTEX:DS2) operates in the Marine shipping industry.
Performance Shipping Inc. company overviewPerformance Shipping Inc.'s most recent stock split was on November 16, 2022. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Performance Shipping Inc. (GETTEX:DS2) has split its stock 8 times: a 1-for-8 reverse split on June 9, 2016, a 1-for-7 reverse split on July 5, 2017, a 1-for-6 reverse split on July 27, 2017, a 1-for-7 reverse split on August 24, 2017, a 1-for-3 reverse split on September 25, 2017, a 1-for-7 reverse split on November 2, 2017, a 1-for-10 reverse split on November 2, 2020, and a 1-for-15 reverse split on November 16, 2022.
Performance Shipping Inc. has split its stock 8 times. This history records 8 reverse splits between June 9, 2016 and November 16, 2022.
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 Performance Shipping Inc.'s 1-for-15 reverse split on November 16, 2022, every 15 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.
Performance Shipping Inc. has not announced a new split in our records. Its most recent split was on November 16, 2022, 3 years ago. Companies announce splits in advance, and any new GETTEX:DS2 split will appear on this page.
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