Latest Stock Split Details
Key information about Teekay Tankers Ltd.'s most recent stock split
Split Date: 2019-11-25
Split Ratio: 1:8
Price Before Split: $2.46
Price After Split: $0.31
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 8.00 times fewer shares (a 1:8 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Teekay Tankers Ltd.'s stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2019-11-25 | 1:8 | Yes | $2.46 | $0.31 |
About Teekay Tankers Ltd.
Company overview and industry information
Teekay Tankers Ltd. (TNK) operates in the Marine Shipping industry. The recent 1-for-8 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Marine Shipping
Go to Teekay Tankers Ltd. Summary