Jun 29, 2022
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.86 to $3.44.
The split itself did not change the total investment value.
UTStarcom Holdings Corp (NASDAQ:UTSI) operates in the Telecommunications equipment industry.
UTStarcom Holdings Corp company overviewUTStarcom Holdings Corp's most recent stock split was on June 29, 2022. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
UTStarcom Holdings Corp (NASDAQ:UTSI) has split its stock 2 times: a 1-for-3 reverse split on March 22, 2013 and a 1-for-4 reverse split on June 29, 2022.
UTStarcom Holdings Corp has split its stock 2 times. This history records 2 reverse splits between March 22, 2013 and June 29, 2022.
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 UTStarcom Holdings Corp's 1-for-4 reverse split on June 29, 2022, 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.
UTStarcom Holdings Corp has not announced a new split in our records. Its most recent split was on June 29, 2022, 4 years ago. Companies announce splits in advance, and any new NASDAQ:UTSI split will appear on this page.
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