Jul 08, 2016
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.73 to $2.92.
The split itself did not change the total investment value.
EMMIS CORPORATION (OTC:EMMS) operates in the Broadcasting industry.
EMMIS CORPORATION company overviewEMMIS CORPORATION's most recent stock split was on July 8, 2016. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
EMMIS CORPORATION (OTC:EMMS) has split its stock 2 times: a 2-for-1 split on February 25, 2000 and a 1-for-4 reverse split on July 8, 2016.
EMMIS CORPORATION has split its stock 2 times. This history records 2 splits between February 25, 2000 and July 8, 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 EMMIS CORPORATION's 1-for-4 reverse split on July 8, 2016, every 4 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.
EMMIS CORPORATION has not announced a new split in our records. Its most recent split was on July 8, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:EMMS split will appear on this page.