Dec 19, 2019
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Euroseas Ltd. (STU:2LE1) operates in the Marine shipping industry.
Euroseas Ltd. company overviewEuroseas Ltd.'s most recent stock split was on December 19, 2019. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Euroseas Ltd. (STU:2LE1) has split its stock 3 times: a 1-for-3 reverse split on October 6, 2006, a 1-for-10 reverse split on July 23, 2015, and a 1-for-8 reverse split on December 19, 2019.
Euroseas Ltd. has split its stock 3 times. This history records 3 reverse splits between October 6, 2006 and December 19, 2019.
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 Euroseas Ltd.'s 1-for-8 reverse split on December 19, 2019, every 8 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.
Euroseas Ltd. has not announced a new split in our records. Its most recent split was on December 19, 2019, 6 years ago. Companies announce splits in advance, and any new STU:2LE1 split will appear on this page.
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