Jun 20, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.69 to $3.45.
The split itself did not change the total investment value.
Star Bulk Carriers Corp. (NASDAQ:SBLK) operates in the Marine shipping industry.
Star Bulk Carriers Corp. company overviewStar Bulk Carriers Corp.'s most recent stock split was on June 20, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Star Bulk Carriers Corp. (NASDAQ:SBLK) has split its stock 3 times: a 924-for-857 split on November 25, 2008, a 1-for-15 reverse split on October 15, 2012, and a 1-for-5 reverse split on June 20, 2016.
Star Bulk Carriers Corp. has split its stock 3 times. This history records 3 splits between November 25, 2008 and June 20, 2016.
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 Star Bulk Carriers Corp.'s 1-for-5 reverse split on June 20, 2016, 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.
Star Bulk Carriers Corp. has not announced a new split in our records. Its most recent split was on June 20, 2016, 10 years ago. Companies announce splits in advance, and any new NASDAQ:SBLK split will appear on this page.
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