|Free Dividend Report|
|Stock Splits Calendar|
|PULM Stock Split History|
|Preferred Stock Newsletter|
|PULM Options Chain|
|Stock Message Boards|
Pulmatrix (PULM) has 3 splits in our PULM split history database. The first split for PULM took place on June 16, 2015. This was a 4 for 10 reverse split, meaning for each 10 shares of PULM owned pre-split, the shareholder now owned 4 shares. For example, a 1000 share position pre-split, became a 400 share position following the split. PULM's second split took place on February 06, 2019. This was a 1 for 10 reverse split, meaning for each 10 shares of PULM owned pre-split, the shareholder now owned 1 share. For example, a 400 share position pre-split, became a 40 share position following the split. PULM's third split took place on March 01, 2022. This was a 1 for 20 reverse split, meaning for each 20 shares of PULM owned pre-split, the shareholder now owned 1 share. For example, a 40 share position pre-split, became a 2 share position following the split.
When a company such as Pulmatrix conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.
Looking at the PULM split history from start to finish, an original position size of 1000 shares would have turned into 2 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Pulmatrix shares, starting with a $10,000 purchase of PULM, presented on a split-history-adjusted basis factoring in the complete PULM split history.
Growth of $10,000.00
Without Dividends Reinvested
|Average Annual Total Return:||-54.04%|
|Pulmatrix is a clinical-stage biotechnology company focused on the discovery and development of inhaled therapeutic products intended to prevent and treat respiratory and other diseases. Co. designs and develops inhaled therapeutic products based on its dry powder delivery technology, inhaled Small Particles Easily Respirable and Emitted (iSPERSE), which enables delivery of small or large molecule drugs to the lungs by inhalation for local or systemic applications. The iSPERSE powders are engineered to be small, dense particles. iSPERSE powders can be used with dry powder inhaler technologies and can be formulated with a range of drug substances including small molecules and biologics. According to our PULM split history records, Pulmatrix has had 3 splits.|
|PULM Split History Table|
|06/16/2015||4 for 10|
|02/06/2019||1 for 10|
|03/01/2022||1 for 20|
|Healthcare Stock Splits|
|PULM is categorized under the Healthcare sector; below are some other companies in the same sector that also have a history of stock splits:
Also explore: PULM shares outstanding history
PULM Split History | www.SplitHistory.com | Copyright © 2013 - 2023, All Rights ReservedNothing in www.SplitHistory.com is intended to be investment advice, nor does it represent the opinion of, counsel from, or recommendations by BNK Invest Inc. or any of its affiliates, subsidiaries or partners. Split history database is not guaranteed to be complete or free of errors. None of the information contained herein constitutes a recommendation that any particular security, portfolio, transaction, or investment strategy is suitable for any specific person. All viewers agree that under no circumstances will BNK Invest, Inc,. its subsidiaries, partners, officers, employees, affiliates, or agents be held liable for any loss or damage caused by your reliance on information obtained. By visiting, using or viewing this site, you agree to the following Full Disclaimer & Terms of Service. Video widget and market videos powered by Market News Video. Quote and option data delayed at least 15 minutes; stock quote data powered by Ticker Technologies, and Mergent.
Want to receive our latest research absolutely free?
Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 8.1%—Every Month—Forever.
You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 8.1%.