Jun 14, 2012
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.37 to $3.65.
The split itself did not change the total investment value.
TENGION INC (OTC:TNGNQ) operates in the Biotechnology industry.
TENGION INC company overviewTENGION INC's most recent stock split was on June 14, 2012. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
TENGION INC has split its stock once. This history records one reverse split, on June 14, 2012.
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 TENGION INC's 1-for-10 reverse split on June 14, 2012, 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.
TENGION INC has not announced a new split in our records. Its most recent split was on June 14, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:TNGNQ split will appear on this page.