Mar 24, 1998
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.23 to $1.17.
The split itself did not change the total investment value.
American Power Group Corp. (OTC:APGI) operates in the Automotive aftermarket industry.
American Power Group Corp. company overviewAmerican Power Group Corp.'s most recent stock split was on March 24, 1998. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
American Power Group Corp. has split its stock once. This history records one reverse split, on March 24, 1998.
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 American Power Group Corp.'s 1-for-5 reverse split on March 24, 1998, every 5 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.
American Power Group Corp. has not announced a new split in our records. Its most recent split was on March 24, 1998, 28 years ago. Companies announce splits in advance, and any new OTC:APGI split will appear on this page.