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.
Navios Maritime Partners LP (NYSE:NMM) operates in the Marine shipping industry.
Navios Maritime Partners LP company overviewNavios 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.
Navios Maritime Partners LP has split its stock once. This history records one reverse split, on May 21, 2019.
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.
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.
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