Mesa Royalty Trust
NNYSE:MTRLatest Stock Split
Dec 31, 2013
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $20.96 to $83.84.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Dec 31, 2013Before$20.96Split ratio1:4After$83.84Reverse
About Mesa Royalty Trust stock splits
Mesa Royalty Trust (NYSE:MTR) operates in the Investment trusts industry.
Mesa Royalty Trust company overviewWhen did Mesa Royalty Trust stock split?
Mesa Royalty Trust's most recent stock split was on December 31, 2013. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
How many times has Mesa Royalty Trust stock split?
Mesa Royalty Trust has split its stock once. This history records one reverse split, on December 31, 2013.
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 Mesa Royalty Trust's 1-for-4 reverse split on December 31, 2013, every 4 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 Mesa Royalty Trust split its stock again?
Mesa Royalty Trust has not announced a new split in our records. Its most recent split was on December 31, 2013, 12 years ago. Companies announce splits in advance, and any new NYSE:MTR split will appear on this page.