Oct 01, 1993
1:30
For every 30 shares held, investors received 1.
The split itself did not change the total investment value.
NVR, Inc. (MIL:1NVR) operates in the Homebuilding industry.
NVR, Inc. company overviewNVR, Inc.'s most recent stock split was on October 1, 1993. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
NVR, Inc. (MIL:1NVR) has split its stock 2 times: a 2-for-1 split on May 5, 1987 and a 1-for-30 reverse split on October 1, 1993.
NVR, Inc. has split its stock 2 times. This history records 2 splits between May 5, 1987 and October 1, 1993.
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 NVR, Inc.'s 1-for-30 reverse split on October 1, 1993, every 30 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.
NVR, Inc. has not announced a new split in our records. Its most recent split was on October 1, 1993, 33 years ago. Companies announce splits in advance, and any new MIL:1NVR split will appear on this page.