May 31, 2016
11:8
For every 8 shares held, investors received 11. The price per share adjusted from $3.16 to $2.30.
The split itself did not change the total investment value.
Pacific Basin Shipping Limited (OTC:PCFBY) operates in the Marine shipping industry.
Pacific Basin Shipping Limited company overviewPacific Basin Shipping Limited's most recent stock split was on May 31, 2016. It was a 11-for-8 forward split, so shareholders received 11 shares for every 8 they held.
Pacific Basin Shipping Limited has split its stock once. This history records one forward split, on May 31, 2016.
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 Pacific Basin Shipping Limited's 11-for-8 split on May 31, 2016, every 8 shares became 11 shares.
Pacific Basin Shipping Limited has not announced a new split in our records. Its most recent split was on May 31, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:PCFBY split will appear on this page.
Already premium?