Sep 24, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.34 to $1.70.
The split itself did not change the total investment value.
CDTI Advanced Materials, Inc. (OTC:CDTI) operates in the Auto parts: OEM industry.
CDTI Advanced Materials, Inc. company overviewCDTI Advanced Materials, Inc.'s most recent stock split was on September 24, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
CDTI Advanced Materials, Inc. (OTC:CDTI) has split its stock 4 times: a 1-for-5 reverse split on June 19, 2007, a 1-for-6 reverse split on October 20, 2010, a 1-for-5 reverse split on July 25, 2016, and a 1-for-5 reverse split on September 24, 2018.
CDTI Advanced Materials, Inc. has split its stock 4 times. This history records 4 reverse splits between June 19, 2007 and September 24, 2018.
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 CDTI Advanced Materials, Inc.'s 1-for-5 reverse split on September 24, 2018, 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.
CDTI Advanced Materials, Inc. has not announced a new split in our records. Its most recent split was on September 24, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:CDTI split will appear on this page.