Feb 19, 2010
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.54 to $2.70.
The split itself did not change the total investment value.
TOR Minerals International, Inc. (OTC:TORM) operates in the Chemicals: major diversified industry.
TOR Minerals International, Inc. company overviewTOR Minerals International, Inc.'s most recent stock split was on February 19, 2010. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
TOR Minerals International, Inc. has split its stock once. This history records one reverse split, on February 19, 2010.
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 TOR Minerals International, Inc.'s 1-for-5 reverse split on February 19, 2010, every 5 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.
TOR Minerals International, Inc. has not announced a new split in our records. Its most recent split was on February 19, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:TORM split will appear on this page.