Nov 19, 2010
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Ligand Pharmaceuticals Incorporated (GETTEX:LGDN) operates in the Pharmaceuticals: major industry.
Ligand Pharmaceuticals Incorporated company overviewLigand Pharmaceuticals Incorporated's most recent stock split was on November 19, 2010. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Ligand Pharmaceuticals Incorporated has split its stock once. This history records one reverse split, on November 19, 2010.
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 Ligand Pharmaceuticals Incorporated's 1-for-6 reverse split on November 19, 2010, every 6 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.
Ligand Pharmaceuticals Incorporated has not announced a new split in our records. Its most recent split was on November 19, 2010, 15 years ago. Companies announce splits in advance, and any new GETTEX:LGDN split will appear on this page.