Oct 30, 2013
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.24 to $5.88.
The split itself did not change the total investment value.
Trans-Lux Corp. (OTC:TNLX) operates in the Miscellaneous manufacturing industry.
Trans-Lux Corp. company overviewTrans-Lux Corp.'s most recent stock split was on October 30, 2013. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Trans-Lux Corp. (OTC:TNLX) has split its stock 7 times: a 2-for-1 split on June 1, 1971, a 51-for-50 split on March 4, 1985, a 21-for-20 split on February 24, 1986, a 21-for-20 split on March 25, 1987, a 21-for-20 split on May 20, 1988, a 21-for-20 split on May 23, 1989, and a 1-for-25 reverse split on October 30, 2013.
Trans-Lux Corp. has split its stock 7 times. This history records 7 splits between June 1, 1971 and October 30, 2013.
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 Trans-Lux Corp.'s 1-for-25 reverse split on October 30, 2013, every 25 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.
Trans-Lux Corp. has not announced a new split in our records. Its most recent split was on October 30, 2013, 12 years ago. Companies announce splits in advance, and any new OTC:TNLX split will appear on this page.