Jun 09, 2008
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.00 to $0.08.
The split itself did not change the total investment value.
FUTUREWORLD CORP (OTC:FWDG) operates in the Trucks/Construction/Farm machinery industry.
FUTUREWORLD CORP company overviewFUTUREWORLD CORP's most recent stock split was on June 9, 2008. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
FUTUREWORLD CORP has split its stock once. This history records one reverse split, on June 9, 2008.
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 FUTUREWORLD CORP's 1-for-20 reverse split on June 9, 2008, every 20 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.
FUTUREWORLD CORP has not announced a new split in our records. Its most recent split was on June 9, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:FWDG split will appear on this page.