Sep 29, 2023
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.59 to $7.03.
The split itself did not change the total investment value.
TOP Ships, Inc. (AMEX:TOPS) operates in the Marine shipping industry.
TOP Ships, Inc. company overviewTOP Ships, Inc.'s most recent stock split was on September 29, 2023. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
TOP Ships, Inc. (AMEX:TOPS) has split its stock 13 times: a 1-for-3 reverse split on March 20, 2008, a 1-for-10 reverse split on June 24, 2011, a 1-for-7 reverse split on April 21, 2014, a 1-for-10 reverse split on February 22, 2016, a 1-for-20 reverse split on May 11, 2017, a 1-for-15 reverse split on June 23, 2017, a 1-for-30 reverse split on August 3, 2017, a 1-for-2 reverse split on October 6, 2017, a 1-for-10 reverse split on March 26, 2018, a 1-for-20 reverse split on August 22, 2019, a 1-for-25 reverse split on August 10, 2020, a 1-for-20 reverse split on September 23, 2022, and a 1-for-12 reverse split on September 29, 2023.
TOP Ships, Inc. has split its stock 13 times. This history records 13 reverse splits between March 20, 2008 and September 29, 2023.
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 TOP Ships, Inc.'s 1-for-12 reverse split on September 29, 2023, every 12 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.
TOP Ships, Inc. has not announced a new split in our records. Its most recent split was on September 29, 2023, 3 years ago. Companies announce splits in advance, and any new AMEX:TOPS split will appear on this page.
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