Feb 10, 2010
1:12
For every 12 shares held, investors received 1.
The split itself did not change the total investment value.
Piedmont Realty Trust, Inc. (NYSE:PDM) operates in the Real estate investment trusts industry.
Piedmont Realty Trust, Inc. company overviewPiedmont Realty Trust, Inc.'s most recent stock split was on February 10, 2010. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Piedmont Realty Trust, Inc. has split its stock once. This history records one reverse split, on February 10, 2010.
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 Piedmont Realty Trust, Inc.'s 1-for-12 reverse split on February 10, 2010, every 12 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.
Piedmont Realty Trust, Inc. has not announced a new split in our records. Its most recent split was on February 10, 2010, 16 years ago. Companies announce splits in advance, and any new NYSE:PDM split will appear on this page.