Nov 06, 2006
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.43 to $1.72.
The split itself did not change the total investment value.
Cyanotech Corp. (OTC:CYAN) operates in the Pharmaceuticals: other industry.
Cyanotech Corp. company overviewCyanotech Corp.'s most recent stock split was on November 6, 2006. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Cyanotech Corp. (OTC:CYAN) has split its stock 2 times: a 1-for-5 reverse split on December 31, 1990 and a 1-for-4 reverse split on November 6, 2006.
Cyanotech Corp. has split its stock 2 times. This history records 2 reverse splits between December 31, 1990 and November 6, 2006.
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 Cyanotech Corp.'s 1-for-4 reverse split on November 6, 2006, every 4 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.
Cyanotech Corp. has not announced a new split in our records. Its most recent split was on November 6, 2006, 19 years ago. Companies announce splits in advance, and any new OTC:CYAN split will appear on this page.