Nov 24, 2010
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.68.
The split itself did not change the total investment value.
ALTERNATIVE ENERGY PARTNERS INC (OTC:AEGY) operates in the Electric utilities industry.
ALTERNATIVE ENERGY PARTNERS INC company overviewALTERNATIVE ENERGY PARTNERS INC's most recent stock split was on November 24, 2010. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
ALTERNATIVE ENERGY PARTNERS INC (OTC:AEGY) has split its stock 3 times: a 3-for-1 split on September 1, 2009, a 4-for-1 split on July 20, 2010, and a 1-for-50 reverse split on November 24, 2010.
ALTERNATIVE ENERGY PARTNERS INC has split its stock 3 times. This history records 3 splits between September 1, 2009 and November 24, 2010.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In ALTERNATIVE ENERGY PARTNERS INC's 1-for-50 reverse split on November 24, 2010, every 50 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ALTERNATIVE ENERGY PARTNERS INC has not announced a new split in our records. Its most recent split was on November 24, 2010, 15 years ago. Companies announce splits in advance, and any new OTC:AEGY split will appear on this page.