The Manitowoc Company, Inc. Announces Plan for Reverse Stock Split
Manitowoc Company, Inc. (The) (MTW)
Last manitowoc company, inc. (the) earnings: 2/6 04:31 pm
Check Earnings Report
US:NYSE Investor Relations:
ir.manitowoc.com/investor-relations/events-and-presentations/events/default.aspx
Company Research
Source: Business Wire
MANITOWOC, Wis.--(BUSINESS WIRE)-- The Manitowoc Company, Inc. (NYSE: MTW), a leading global manufacturer of cranes and lifting solutions, announced today that it plans to undertake a reverse stock split of Manitowoc’s common stock at a ratio of 1-for-4 and a reduction in the number of authorized shares of its common stock from 300,000,000 shares to 75,000,000 shares. The reverse stock split will reduce the number of shares of Manitowoc’s common stock outstanding and is expected to increase the per share trading price of the common stock, which may improve marketability and facilitate its trading. When the reverse stock split becomes effective, each four shares of Manitowoc’s common stock will automatically be changed into one share of common stock. Manitowoc does not anticipate issuing fractional shares as a result of the reverse stock split; shareholders entitled to receive fractional shares as
Show less
Read more
Impact Snapshot
Event Time:
MTW
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MTW alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MTW alerts
High impacting Manitowoc Company, Inc. (The) news events
Weekly update
A roundup of the hottest topics
MTW
News
- The Manitowoc Company Schedules First-quarter 2024 Earnings Announcement and Conference CallBusiness Wire
- The Manitowoc Company, Inc. (NYSE: MTW) had its price target lowered by analysts at Barclays PLC from $15.00 to $12.00. They now have an "underweight" rating on the stock.MarketBeat
- Bear of the Day: Manitowoc (MTW) [Yahoo! Finance]Yahoo! Finance
- The Manitowoc Company, Inc. (NYSE: MTW) had its price target lowered by analysts at JPMorgan Chase & Co. from $17.00 to $15.00. They now have a "neutral" rating on the stock.MarketBeat
- Is the Options Market Predicting a Spike in Manitowoc (MTW) Stock? [Yahoo! Finance]Yahoo! Finance
MTW
Earnings
- 2/14/24 - Miss
MTW
Sec Filings
- 3/26/24 - Form ARS
- 3/25/24 - Form 4
- 3/25/24 - Form 4
- MTW's page on the SEC website