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DuPont is moving forward with a 1-for-3 reverse stock split, a share-consolidation event that will reduce the total number of shares outstanding while proportionally adjusting the price per share.
The Investing Club flagged the development in its Homestretch, the afternoon update the club publishes every weekday for the final trading hour.
What a 1-for-3 Reverse Split Actually Does The arithmetic is straightforward: for every three shares a holder carries before the split, they will hold one share after.
The per-share price adjusts upward by the same multiple, so the dollar value of a position does not change at the moment of conversion. Market capitalization is likewise unchanged at the instant the split takes effect.
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