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Magellan Aerospace Corporation

Magellan Aerospace Corporation

33.01
CAD
-1.64
(-4.73%)
1.04EPS
32.31P/E
1.92BMarket Cap
Nov 10Next Earn

Latest Stock Split

May 26, 2008

1:5

For every 5 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. May 26, 2008
    Before—
    Split ratio1:5
    After—
    Reverse
  2. Oct 22, 1996
    Before—
    Split ratio1:5
    After—
    Reverse

About Magellan Aerospace Corporation stock splits

Magellan Aerospace Corporation (NEO:MAL) operates in the Aerospace & defense industry.

Magellan Aerospace Corporation company overview

When did Magellan Aerospace Corporation stock split?

Magellan Aerospace Corporation's most recent stock split was on May 26, 2008. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Magellan Aerospace Corporation's stock split history?

Magellan Aerospace Corporation (NEO:MAL) has split its stock 2 times: a 1-for-5 reverse split on October 22, 1996 and a 1-for-5 reverse split on May 26, 2008.

How many times has Magellan Aerospace Corporation stock split?

Magellan Aerospace Corporation has split its stock 2 times. This history records 2 reverse splits between October 22, 1996 and May 26, 2008.

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 Magellan Aerospace Corporation's 1-for-5 reverse split on May 26, 2008, every 5 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 Magellan Aerospace Corporation split its stock again?

Magellan Aerospace Corporation has not announced a new split in our records. Its most recent split was on May 26, 2008, 18 years ago. Companies announce splits in advance, and any new NEO:MAL split will appear on this page.