Aug 27, 2024
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Quantum Corporation (GETTEX:QNT) operates in the Computer peripherals industry.
Quantum Corporation company overviewQuantum Corporation's most recent stock split was on August 27, 2024. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Quantum Corporation (GETTEX:QNT) has split its stock 6 times: a 3-for-2 split on May 8, 1989, a 2-for-1 split on August 16, 1989, a 3-for-2 split on May 1, 1991, a 2-for-1 split on June 10, 1997, a 1-for-8 reverse split on April 19, 2017, and a 1-for-20 reverse split on August 27, 2024.
Quantum Corporation has split its stock 6 times. This history records 6 splits between May 8, 1989 and August 27, 2024.
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 Quantum Corporation's 1-for-20 reverse split on August 27, 2024, 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.
Quantum Corporation has not announced a new split in our records. Its most recent split was on August 27, 2024, 2 years ago. Companies announce splits in advance, and any new GETTEX:QNT split will appear on this page.