Jan 10, 2017
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.28 to $3.41.
The split itself did not change the total investment value.
Aspen Group Inc. (OTC:ASPU) operates in the Other consumer specialties industry.
Aspen Group Inc. company overviewAspen Group Inc.'s most recent stock split was on January 10, 2017. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Aspen Group Inc. (OTC:ASPU) has split its stock 3 times: a 12-for-1 split on June 22, 2011, a 2-for-5 reverse split on March 29, 2012, and a 1-for-12 reverse split on January 10, 2017.
Aspen Group Inc. has split its stock 3 times. This history records 3 splits between June 22, 2011 and January 10, 2017.
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 Aspen Group Inc.'s 1-for-12 reverse split on January 10, 2017, every 12 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.
Aspen Group Inc. has not announced a new split in our records. Its most recent split was on January 10, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:ASPU split will appear on this page.