Mar 15, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $2.59 to $25.90.
The split itself did not change the total investment value.
Lee Enterprises, Incorporated (NASDAQ:LEE) operates in the Publishing: newspapers industry.
Lee Enterprises, Incorporated company overviewLee Enterprises, Incorporated's most recent stock split was on March 15, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lee Enterprises, Incorporated (NASDAQ:LEE) has split its stock 7 times: a 3-for-2 split on August 17, 1971, a 3-for-2 split on March 3, 1976, a 3-for-2 split on November 1, 1978, a 2-for-1 split on April 4, 1983, a 2-for-1 split on March 4, 1986, a 2-for-1 split on December 11, 1995, and a 1-for-10 reverse split on March 15, 2021.
Lee Enterprises, Incorporated has split its stock 7 times. This history records 7 splits between August 17, 1971 and March 15, 2021.
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 Lee Enterprises, Incorporated's 1-for-10 reverse split on March 15, 2021, 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.
Lee Enterprises, Incorporated has not announced a new split in our records. Its most recent split was on March 15, 2021, 5 years ago. Companies announce splits in advance, and any new NASDAQ:LEE split will appear on this page.