Jan 12, 2018
9:20
For every 20 shares held, investors received 9. The price per share adjusted from $5.15 to $11.44.
The split itself did not change the total investment value.
PAL Holdings, Inc. (PSE:PAL) operates in the Airlines industry.
PAL Holdings, Inc. company overviewPAL Holdings, Inc.'s most recent stock split was on January 12, 2018. It was a 9-for-20 reverse split, so shareholders received 9 shares for every 20 they held.
PAL Holdings, Inc. (PSE:PAL) has split its stock 2 times: a 1-for-100 reverse split on October 31, 1996 and a 9-for-20 reverse split on January 12, 2018.
PAL Holdings, Inc. has split its stock 2 times. This history records 2 reverse splits between October 31, 1996 and January 12, 2018.
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 PAL Holdings, Inc.'s 9-for-20 reverse split on January 12, 2018, every 20 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
PAL Holdings, Inc. has not announced a new split in our records. Its most recent split was on January 12, 2018, 8 years ago. Companies announce splits in advance, and any new PSE:PAL split will appear on this page.
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