Madrigal Pharmaceuticals, Inc.

Madrigal Pharmaceuticals, Inc.

453.34
USD
-4.62
(-1.01%)
-12.57EPS
12.40BMarket Cap
Nov 03Next Earn

Latest Stock Split

Jul 25, 2016

1:35

For every 35 shares held, investors received 1. The price per share adjusted from $0.34 to $12.01.

The split itself did not change the total investment value.

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Stock Split History

  1. Jul 25, 2016
    Before$0.34
    Split ratio1:35
    After$12.01
    Reverse

About Madrigal Pharmaceuticals, Inc. stock splits

Madrigal Pharmaceuticals, Inc. (NASDAQ:MDGL) operates in the Pharmaceuticals: major industry.

Madrigal Pharmaceuticals, Inc. company overview

When did Madrigal Pharmaceuticals, Inc. stock split?

Madrigal Pharmaceuticals, Inc.'s most recent stock split was on July 25, 2016. It was a 1-for-35 reverse split, so shareholders received 1 share for every 35 they held.

How many times has Madrigal Pharmaceuticals, Inc. stock split?

Madrigal Pharmaceuticals, Inc. has split its stock once. This history records one reverse split, on July 25, 2016.

What is a reverse stock split?

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 Madrigal Pharmaceuticals, Inc.'s 1-for-35 reverse split on July 25, 2016, every 35 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.

Will Madrigal Pharmaceuticals, Inc. split its stock again?

Madrigal Pharmaceuticals, Inc. has not announced a new split in our records. Its most recent split was on July 25, 2016, 10 years ago. Companies announce splits in advance, and any new NASDAQ:MDGL split will appear on this page.