Split History
REED split history picture
REED (REED) has 1 split in our REED split history database. The split for REED took place on January 27, 2023. This was a 1 for 50 reverse split, meaning for each 50 shares of REED owned pre-split, the shareholder now owned 1 share. For example, a 1000 share position pre-split, became a 20 share position following the split.

When a company such as REED 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 REED split history from start to finish, an original position size of 1000 shares would have turned into 20 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into REED shares, starting with a $10,000 purchase of REED, presented on a split-history-adjusted basis factoring in the complete REED split history. REED split adjusted history picture

Growth of $10,000.00
Without Dividends Reinvested

Start date: 03/04/2024
End date: 03/28/2024
Start price/share: $1.59
End price/share: $1.63
Dividends collected/share: $0.00
Total return: 2.52%
Annualized Gain: 39.92%
Starting investment: $10,000.00
Ending investment: $10,252.00
Years: 0.06
Reed's is the owner and maker of both Reed Craft Ginger Beer and Reed's Real Ginger Ale and Virgil's Handcrafted Sodas. The Reed's Craft Ginger Beer line includes five main varieties with a mix of bottles and cans: Reed's Original Ginger Beer, Reed's Premium Ginger Beer, Reed's Extra Ginger Beer, Reed's Strongest Ginger Beer, and Reed's Zero Sugar Extra Ginger Beer. Reed's Real Ginger Ale combines ginger with the classic taste. It includes: Reed's Real Ginger Ale, Reed's Zero Sugar Real Ginger Ale, and NEW! Reed's Mocktails. Virgil's is a handcrafted soda that uses only natural ingredients to create bold renditions of classic flavors, including Handcrafted Line and Zero Sugar Line. According to our REED split history records, REED has had 1 split.
Date Ratio
01/27/20231 for 50
REED is categorized under the Consumer sector; below are some other companies in the same sector that also have a history of stock splits:

RELV Split History
REV Split History
RGR Split History
RIBT Split History
RMCF Split History
SAFM Split History
SAP Split History
SEED Split History
SFD Split History
SGC Split History

Email EnvelopeFree REED Email Alerts:
Get Dividend Alerts
Get SEC Filing Alerts

NRx Pharmaceuticals, Inc. (NRXP)
Tritium DCFC Limited (DCFC)
Pluri Inc. (PLUR)
Rent the Runway, Inc. (RENT)
Castor Maritime Inc. (CTRM)
ETAO International Co., Ltd. (ETAO)
Aterian, Inc. (ATER)
Chipotle Mexican Grill, Inc. (CMG)
Moleculin Biotech, Inc. (MBRX)
Longeveron Inc. (LGVN)
More latest stock splits »
Latest mega mergers »
Latest stock buybacks »

REED Insider Buying

REED Split History | www.SplitHistory.com | Copyright © 2013 - 2024, All Rights Reserved

Nothing 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.
X
Wait! Don't leave yet.
Want to receive our latest research absolutely free?


Click the button below for your complimentary copy of Your Early Retirement Portfolio: Dividends Up to 9.5%—Every Month—Forever.

You'll discover the details on 4 stocks and funds that pay you massive dividends as high as 9.5%.