Feb 18, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.97 to $9.69.
The split itself did not change the total investment value.
Natural Resource Partners LP Limited Partnership (NYSE:NRP) operates in the Coal industry.
Natural Resource Partners LP Limited Partnership company overviewNatural Resource Partners LP Limited Partnership's most recent stock split was on February 18, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Natural Resource Partners LP Limited Partnership (NYSE:NRP) has split its stock 2 times: a 2-for-1 split on April 19, 2007 and a 1-for-10 reverse split on February 18, 2016.
Natural Resource Partners LP Limited Partnership has split its stock 2 times. This history records 2 splits between April 19, 2007 and February 18, 2016.
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 Natural Resource Partners LP Limited Partnership's 1-for-10 reverse split on February 18, 2016, every 10 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.
Natural Resource Partners LP Limited Partnership has not announced a new split in our records. Its most recent split was on February 18, 2016, 10 years ago. Companies announce splits in advance, and any new NYSE:NRP split will appear on this page.