Aug 14, 2020
1:15
For every 15 shares held, investors received 1.
The split itself did not change the total investment value.
Onity Group Inc. (NYSE:ONIT) operates in the Finance/Rental/Leasing industry.
Onity Group Inc. company overviewOnity Group Inc.'s most recent stock split was on August 14, 2020. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Onity Group Inc. (NYSE:ONIT) has split its stock 2 times: a 2-for-1 split on November 21, 1997 and a 1-for-15 reverse split on August 14, 2020.
Onity Group Inc. has split its stock 2 times. This history records 2 splits between November 21, 1997 and August 14, 2020.
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 Onity Group Inc.'s 1-for-15 reverse split on August 14, 2020, 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.
Onity Group Inc. has not announced a new split in our records. Its most recent split was on August 14, 2020, 6 years ago. Companies announce splits in advance, and any new NYSE:ONIT split will appear on this page.