Dec 17, 2019
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $4.50 to $67.50.
The split itself did not change the total investment value.
GIGA-TRONICS INC (OTC:GIGAQ) operates in the Aerospace & defense industry.
GIGA-TRONICS INC company overviewGIGA-TRONICS INC's most recent stock split was on December 17, 2019. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
GIGA-TRONICS INC has split its stock once. This history records one reverse split, on December 17, 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 GIGA-TRONICS INC's 1-for-15 reverse split on December 17, 2019, every 15 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.
GIGA-TRONICS INC has not announced a new split in our records. Its most recent split was on December 17, 2019, 6 years ago. Companies announce splits in advance, and any new OTC:GIGAQ split will appear on this page.