Oct 18, 2023
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $3.98 to $119.37.
The split itself did not change the total investment value.
REE Automotive Ltd. (OTC:REEAF) operates in the Auto parts: OEM industry.
REE Automotive Ltd. company overviewREE Automotive Ltd.'s most recent stock split was on October 18, 2023. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
REE Automotive Ltd. has split its stock once. This history records one reverse split, on October 18, 2023.
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 REE Automotive Ltd.'s 1-for-30 reverse split on October 18, 2023, every 30 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.
REE Automotive Ltd. has not announced a new split in our records. Its most recent split was on October 18, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:REEAF split will appear on this page.
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