Jan 30, 2015
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $3.79 to $18.97.
The split itself did not change the total investment value.
Ribbon Communications Inc. (NASDAQ:RBBN) operates in the Packaged software industry.
Ribbon Communications Inc. company overviewRibbon Communications Inc.'s most recent stock split was on January 30, 2015. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Ribbon Communications Inc. (NASDAQ:RBBN) has split its stock 2 times: a 3-for-1 split on October 10, 2000 and a 1-for-5 reverse split on January 30, 2015.
Ribbon Communications Inc. has split its stock 2 times. This history records 2 splits between October 10, 2000 and January 30, 2015.
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 Ribbon Communications Inc.'s 1-for-5 reverse split on January 30, 2015, every 5 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.
Ribbon Communications Inc. has not announced a new split in our records. Its most recent split was on January 30, 2015, 11 years ago. Companies announce splits in advance, and any new NASDAQ:RBBN split will appear on this page.