Latest Stock Split Details
Key information about Portman Ridge Finance Corporation's most recent stock split
Split Date: 2021-08-26
Split Ratio: 1:10
Price Before Split: $2.37
Price After Split: $0.24
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 10.00 times fewer shares (a 1:10 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Portman Ridge Finance Corporation's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2021-08-26 | 1:10 | Yes | $2.37 | $0.24 |
About Portman Ridge Finance Corporation
Company overview and industry information
Portman Ridge Finance Corporation (PTMN) operates in the Asset Management industry. The recent 1-for-10 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Asset Management
Go to Portman Ridge Finance Corporation Summary