Jun 27, 2024
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Rigel Pharmaceuticals, Inc. (GETTEX:RI2) operates in the Pharmaceuticals: major industry.
Rigel Pharmaceuticals, Inc. company overviewRigel Pharmaceuticals, Inc.'s most recent stock split was on June 27, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Rigel Pharmaceuticals, Inc. (GETTEX:RI2) has split its stock 2 times: a 1-for-9 reverse split on June 25, 2003 and a 1-for-10 reverse split on June 27, 2024.
Rigel Pharmaceuticals, Inc. has split its stock 2 times. This history records 2 reverse splits between June 25, 2003 and June 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 Rigel Pharmaceuticals, Inc.'s 1-for-10 reverse split on June 27, 2024, every 10 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.
Rigel Pharmaceuticals, Inc. has not announced a new split in our records. Its most recent split was on June 27, 2024, 2 years ago. Companies announce splits in advance, and any new GETTEX:RI2 split will appear on this page.