Nov 04, 2024
1:13
For every 13 shares held, investors received 1.
The split itself did not change the total investment value.
Magnera Corporation (GETTEX:W2B) operates in the Textiles industry.
Magnera Corporation company overviewMagnera Corporation's most recent stock split was on November 4, 2024. It was a 1-for-13 reverse split, so shareholders received 1 share for every 13 they held.
Magnera Corporation (GETTEX:W2B) has split its stock 5 times: a 7-for-5 split on April 12, 1976, a 2-for-1 split on May 18, 1977, a 2-for-1 split on May 14, 1986, a 2-for-1 split on May 14, 1992, and a 1-for-13 reverse split on November 4, 2024.
Magnera Corporation has split its stock 5 times. This history records 5 splits between April 12, 1976 and November 4, 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 Magnera Corporation's 1-for-13 reverse split on November 4, 2024, every 13 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.
Magnera Corporation has not announced a new split in our records. Its most recent split was on November 4, 2024, 1 year ago. Companies announce splits in advance, and any new GETTEX:W2B split will appear on this page.