Lucent did not have a reverse stock split. On December 1, 2006 Lucent merged with Alcatel to become Alcatel-Lucent. Lucent shareholders received .1952 Alcatel-Lucent American Depository Shares (ADSs) for each share of Lucent stock..
The second Lucent stock split occurred on 04/01/1999. Lucent Technologies, a multinational telecommunications equipment company offered a 2 for 1 stock split.
According to the Alcatel-Lucent website, Lucent never did a reverse stock split. The only splits listed are the two 2-for-1 splits that occurred on 4/1/98 and 4/1/99. See: http://www.alcatel-lucent.com/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLd4w3sTAGSYGYRq6m-pEoYgbxjggRX4_83FT9IH1v_QD9gtzQiHJHR0UAIESCFA!!/delta/base64xml/L3dJdyEvd0ZNQUFzQUMvNElVRS82X0FfNDg2
To calculate a reverse stock split, you divide the current number of outstanding shares by the ratio of the reverse split. This will give you the new number of shares after the reverse split.
lucent stock prices 1998 and 199
The TOPS stock reverse split in 2020 had a negative impact on the company's overall performance and stock value. This is because reverse splits typically indicate financial distress and can lead to a decrease in investor confidence, resulting in a lower stock price.
The second Lucent stock split occurred on 04/01/1999. Lucent Technologies, a multinational telecommunications equipment company offered a 2 for 1 stock split.
According to the Alcatel-Lucent website, Lucent never did a reverse stock split. The only splits listed are the two 2-for-1 splits that occurred on 4/1/98 and 4/1/99. See: http://www.alcatel-lucent.com/wps/portal/!ut/p/kcxml/04_Sj9SPykssy0xPLMnMz0vM0Y_QjzKLd4w3sTAGSYGYRq6m-pEoYgbxjggRX4_83FT9IH1v_QD9gtzQiHJHR0UAIESCFA!!/delta/base64xml/L3dJdyEvd0ZNQUFzQUMvNElVRS82X0FfNDg2
$84 (split-adjusted)
To calculate a reverse stock split, you divide the current number of outstanding shares by the ratio of the reverse split. This will give you the new number of shares after the reverse split.
Lucent Technologies' stock split a total of four times during its history. The splits occurred in 1996, 1997, and 1999, with the most significant being a 2-for-1 split in 1999. These splits were part of the company's strategy to enhance liquidity and make shares more accessible to investors. Lucent Technologies was later merged with Alcatel in 2006, which effectively ended its independent trading as a stock.
A 2 for 1 split on 4/1/1998, and another 2 for 1 split on 4/1/1999.
lucent stock prices 1998 and 199
The TOPS stock reverse split in 2020 had a negative impact on the company's overall performance and stock value. This is because reverse splits typically indicate financial distress and can lead to a decrease in investor confidence, resulting in a lower stock price.
The stock ticker symbol for Lucent Technologies is LU.
When a stock undergoes a reverse split, the number of shares outstanding decreases and the stock price increases proportionally. This can affect options by adjusting the strike price and the number of shares covered by the option contract.
38.50
This actually sounds like a "reverse stock split." In such a transaction, which is done to increase the stock price without changing the company's market cap, a company trading three million shares at $10 who did a 1:3 reverse stock split would finish the day trading 1 million shares at $30. The other way is the "stock split," which is done to get the stock price down, one share at $30 becomes three shares at $10.