Tortoise Energy Infrastructure Corporation
NNYSE:TYGLatest Stock Split
May 01, 2020
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $4.65 to $18.60.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- May 01, 2020Before$4.65Split ratio1:4After$18.60Reverse
About Tortoise Energy Infrastructure Corporation stock splits
Tortoise Energy Infrastructure Corporation (NYSE:TYG) operates in the Investment trusts industry.
Tortoise Energy Infrastructure Corporation company overviewWhen did Tortoise Energy Infrastructure Corporation stock split?
Tortoise Energy Infrastructure Corporation's most recent stock split was on May 1, 2020. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
How many times has Tortoise Energy Infrastructure Corporation stock split?
Tortoise Energy Infrastructure Corporation has split its stock once. This history records one reverse split, on May 1, 2020.
What is a reverse stock split?
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 Tortoise Energy Infrastructure Corporation's 1-for-4 reverse split on May 1, 2020, every 4 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.
Will Tortoise Energy Infrastructure Corporation split its stock again?
Tortoise Energy Infrastructure Corporation has not announced a new split in our records. Its most recent split was on May 1, 2020, 6 years ago. Companies announce splits in advance, and any new NYSE:TYG split will appear on this page.