Nov 25, 2019
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Teekay Tankers Ltd. (GETTEX:S52) operates in the Marine shipping industry.
Teekay Tankers Ltd. company overviewTeekay Tankers Ltd.'s most recent stock split was on November 25, 2019. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Teekay Tankers Ltd. has split its stock once. This history records one reverse split, on November 25, 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 Teekay Tankers Ltd.'s 1-for-8 reverse split on November 25, 2019, every 8 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.
Teekay Tankers Ltd. has not announced a new split in our records. Its most recent split was on November 25, 2019, 6 years ago. Companies announce splits in advance, and any new GETTEX:S52 split will appear on this page.
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