Latest Stock Split Details
Key information about Schmitt Industries, Inc.'s most recent stock split
Split Date: 2002-12-31
Split Ratio: 1:3
Price Before Split: $0.44
Price After Split: $0.15
Developer API
Get SMIT split history as JSON
Dates, ratios, split factors, and pre/post-split prices from a single REST call. Look up by ticker, CIK, CUSIP, or ISIN. Free tier, no scraping.
GETapi.roic.ai/v2/stock-splits/SMIT
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 3.00 times fewer shares (a 1:3 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Schmitt Industries, Inc.'s stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2002-12-31 | 1:3 | Yes | $0.44 | $0.15 |
About Schmitt Industries, Inc.
Company overview and industry information
Schmitt Industries, Inc. (SMIT) operates in the Consumer Electronics industry. The recent 1-for-3 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Consumer Electronics
Go to Schmitt Industries, Inc. Summary