Aug 01, 2017
29:911
For every 911 shares held, investors received 29. The price per share adjusted from $0.93 to $29.21.
The split itself did not change the total investment value.
Tidewater Inc. (NYSE:TDW) operates in the Marine shipping industry.
Tidewater Inc. company overviewTidewater Inc.'s most recent stock split was on August 1, 2017. It was a 29-for-911 reverse split, so shareholders received 29 shares for every 911 they held.
Tidewater Inc. (NYSE:TDW) has split its stock 3 times: a 2-for-1 split on September 21, 1976, a 3-for-2 split on October 29, 1980, and a 29-for-911 reverse split on August 1, 2017.
Tidewater Inc. has split its stock 3 times. This history records 3 splits between September 21, 1976 and August 1, 2017.
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 Tidewater Inc.'s 29-for-911 reverse split on August 1, 2017, every 911 shares became 29 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tidewater Inc. has not announced a new split in our records. Its most recent split was on August 1, 2017, 9 years ago. Companies announce splits in advance, and any new NYSE:TDW split will appear on this page.