Jul 01, 2002
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.75 to $3.75.
The split itself did not change the total investment value.
NewMarket Corp (NYSE:NEU) operates in the Chemicals: specialty industry.
NewMarket Corp company overviewNewMarket Corp's most recent stock split was on July 1, 2002. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
NewMarket Corp (NYSE:NEU) has split its stock 5 times: a 2-for-1 split on January 3, 1978, a 2-for-1 split on April 12, 1983, a 2-for-1 split on April 2, 1985, a 2-for-1 split on June 2, 1986, and a 1-for-5 reverse split on July 1, 2002.
NewMarket Corp has split its stock 5 times. This history records 5 splits between January 3, 1978 and July 1, 2002.
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 NewMarket Corp's 1-for-5 reverse split on July 1, 2002, 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.
NewMarket Corp has not announced a new split in our records. Its most recent split was on July 1, 2002, 24 years ago. Companies announce splits in advance, and any new NYSE:NEU split will appear on this page.