Aug 23, 2011
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.50.
The split itself did not change the total investment value.
Flameret Inc (OTC:FLRE) operates in the Chemicals: major diversified industry.
Flameret Inc company overviewFlameret Inc's most recent stock split was on August 23, 2011. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Flameret Inc (OTC:FLRE) has split its stock 2 times: a 1-for-1000 reverse split on August 3, 2011 and a 1-for-1000 reverse split on August 23, 2011.
Flameret Inc has split its stock 2 times. This history records 2 reverse splits between August 3, 2011 and August 23, 2011.
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 Flameret Inc's 1-for-1000 reverse split on August 23, 2011, every 1000 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.
Flameret Inc has not announced a new split in our records. Its most recent split was on August 23, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:FLRE split will appear on this page.