May 11, 1999
2:1
For every share held, investors received 2. The price per share adjusted from $88.00 to $44.00.
The split itself did not change the total investment value.
PENN BANCSHARES INC (OTC:PEBA) operates in the Major banks industry.
PENN BANCSHARES INC company overviewPENN BANCSHARES INC's most recent stock split was on May 11, 1999. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
PENN BANCSHARES INC has split its stock once. This history records one forward split, on May 11, 1999.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In PENN BANCSHARES INC's 2-for-1 split on May 11, 1999, every share became 2 shares.
PENN BANCSHARES INC has not announced a new split in our records. Its most recent split was on May 11, 1999, 27 years ago. Companies announce splits in advance, and any new OTC:PEBA split will appear on this page.