Dec 24, 2019
1:700
For every 700 shares held, investors received 1.
The split itself did not change the total investment value.
Delcath Systems, Inc. (GETTEX:DV3R) operates in the Medical specialties industry.
Delcath Systems, Inc. company overviewDelcath Systems, Inc.'s most recent stock split was on December 24, 2019. It was a 1-for-700 reverse split, so shareholders received 1 share for every 700 they held.
Delcath Systems, Inc. (GETTEX:DV3R) has split its stock 5 times: a 1-for-16 reverse split on April 9, 2014, a 1-for-16 reverse split on July 21, 2016, a 1-for-350 reverse split on November 6, 2017, a 1-for-500 reverse split on May 2, 2018, and a 1-for-700 reverse split on December 24, 2019.
Delcath Systems, Inc. has split its stock 5 times. This history records 5 reverse splits between April 9, 2014 and December 24, 2019.
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 Delcath Systems, Inc.'s 1-for-700 reverse split on December 24, 2019, every 700 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.
Delcath Systems, Inc. has not announced a new split in our records. Its most recent split was on December 24, 2019, 6 years ago. Companies announce splits in advance, and any new GETTEX:DV3R split will appear on this page.