Jan 08, 2016
7:909
For every 909 shares held, investors received 7. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
Green Cures & Botanical Distribution Inc. (OTC:GRCU) operates in the Pharmaceuticals: other industry.
Green Cures & Botanical Distribution Inc. company overviewGreen Cures & Botanical Distribution Inc.'s most recent stock split was on January 8, 2016. It was a 7-for-909 reverse split, so shareholders received 7 shares for every 909 they held.
Green Cures & Botanical Distribution Inc. (OTC:GRCU) has split its stock 4 times: a 1-for-150 reverse split on September 16, 2009, a 1-for-101 reverse split on June 30, 2010, a 1-for-100 reverse split on November 18, 2010, and a 7-for-909 reverse split on January 8, 2016.
Green Cures & Botanical Distribution Inc. has split its stock 4 times. This history records 4 reverse splits between September 16, 2009 and January 8, 2016.
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 Green Cures & Botanical Distribution Inc.'s 7-for-909 reverse split on January 8, 2016, every 909 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Green Cures & Botanical Distribution Inc. has not announced a new split in our records. Its most recent split was on January 8, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:GRCU split will appear on this page.