Jun 04, 2014
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.52 to $10.40.
The split itself did not change the total investment value.
BRC Group Holdings, Inc. (NASDAQ:RILY) operates in the Investment banks/Brokers industry.
BRC Group Holdings, Inc. company overviewBRC Group Holdings, Inc.'s most recent stock split was on June 4, 2014. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
BRC Group Holdings, Inc. has split its stock once. This history records one reverse split, on June 4, 2014.
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 BRC Group Holdings, Inc.'s 1-for-20 reverse split on June 4, 2014, every 20 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.
BRC Group Holdings, Inc. has not announced a new split in our records. Its most recent split was on June 4, 2014, 12 years ago. Companies announce splits in advance, and any new NASDAQ:RILY split will appear on this page.