Mar 22, 2011
5:9
For every 9 shares held, investors received 5. The price per share adjusted from $15.55 to $27.99.
The split itself did not change the total investment value.
Stoneridge, Inc. (NYSE:SRI) operates in the Auto parts: OEM industry.
Stoneridge, Inc. company overviewStoneridge, Inc.'s most recent stock split was on March 22, 2011. It was a 5-for-9 reverse split, so shareholders received 5 shares for every 9 they held.
Stoneridge, Inc. has split its stock once. This history records one reverse split, on March 22, 2011.
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 Stoneridge, Inc.'s 5-for-9 reverse split on March 22, 2011, every 9 shares became 5 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Stoneridge, Inc. has not announced a new split in our records. Its most recent split was on March 22, 2011, 15 years ago. Companies announce splits in advance, and any new NYSE:SRI split will appear on this page.