Navios Maritime Partners LP

Navios Maritime Partners LP

88.28
USD
-0.02
(-0.02%)
15.61EPS
4.59P/E
2.04BMarket Cap
Nov 11Next Earn

Latest Stock Split

May 21, 2019

1:15

For every 15 shares held, investors received 1. The price per share adjusted from $0.88 to $13.20.

The split itself did not change the total investment value.

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Stock Split History

  1. May 21, 2019
    Before$0.88
    Split ratio1:15
    After$13.20
    Reverse

About Navios Maritime Partners LP stock splits

Navios Maritime Partners LP (NYSE:NMM) operates in the Marine shipping industry.

Navios Maritime Partners LP company overview

When did Navios Maritime Partners LP stock split?

Navios Maritime Partners LP's most recent stock split was on May 21, 2019. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.

How many times has Navios Maritime Partners LP stock split?

Navios Maritime Partners LP has split its stock once. This history records one reverse split, on May 21, 2019.

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 Navios Maritime Partners LP's 1-for-15 reverse split on May 21, 2019, every 15 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 Navios Maritime Partners LP split its stock again?

Navios Maritime Partners LP has not announced a new split in our records. Its most recent split was on May 21, 2019, 7 years ago. Companies announce splits in advance, and any new NYSE:NMM split will appear on this page.