Mar 26, 2015
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $18.05 to $36.10.
The split itself did not change the total investment value.
Mistras Group Inc (NYSE:MG) operates in the Engineering & construction industry.
Mistras Group Inc company overviewMistras Group Inc's most recent stock split was on March 26, 2015. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Mistras Group Inc has split its stock once. This history records one reverse split, on March 26, 2015.
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 Mistras Group Inc's 1-for-2 reverse split on March 26, 2015, every 2 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.
Mistras Group Inc has not announced a new split in our records. Its most recent split was on March 26, 2015, 11 years ago. Companies announce splits in advance, and any new NYSE:MG split will appear on this page.