Mar 03, 2011
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.50 to $5.00.
The split itself did not change the total investment value.
Insmed Incorporated (NASDAQ:INSM) operates in the Pharmaceuticals: major industry.
Insmed Incorporated company overviewInsmed Incorporated's most recent stock split was on March 3, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Insmed Incorporated (NASDAQ:INSM) has split its stock 2 times: a 1-for-4 reverse split on July 31, 2000 and a 1-for-10 reverse split on March 3, 2011.
Insmed Incorporated has split its stock 2 times. This history records 2 reverse splits between July 31, 2000 and March 3, 2011.
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 Insmed Incorporated's 1-for-10 reverse split on March 3, 2011, 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.
Insmed Incorporated has not announced a new split in our records. Its most recent split was on March 3, 2011, 15 years ago. Companies announce splits in advance, and any new NASDAQ:INSM split will appear on this page.