May 18, 2004
2:1
For every share held, investors received 2. The price per share adjusted from $63.80 to $31.90.
The split itself did not change the total investment value.
Teekay Corporation Ltd. (NYSE:TK) operates in the Marine shipping industry.
Teekay Corporation Ltd. company overviewTeekay Corporation Ltd.'s most recent stock split was on May 18, 2004. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Teekay Corporation Ltd. has split its stock once. This history records one forward split, on May 18, 2004.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Teekay Corporation Ltd.'s 2-for-1 split on May 18, 2004, every share became 2 shares.
Teekay Corporation Ltd. has not announced a new split in our records. Its most recent split was on May 18, 2004, 22 years ago. Companies announce splits in advance, and any new NYSE:TK split will appear on this page.
Already premium?