Jan 03, 2024
1:500
For every 500 shares held, investors received 1.
The split itself did not change the total investment value.
Ideal Group of Companies Inc. (OTC:IDGR) operates in the Internet software/Services industry.
Ideal Group of Companies Inc. company overviewIdeal Group of Companies Inc.'s most recent stock split was on January 3, 2024. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Ideal Group of Companies Inc. (OTC:IDGR) has split its stock 3 times: a 1-for-25 reverse split on June 19, 2007, a 1-for-200 reverse split on January 13, 2012, and a 1-for-500 reverse split on January 3, 2024.
Ideal Group of Companies Inc. has split its stock 3 times. This history records 3 reverse splits between June 19, 2007 and January 3, 2024.
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 Ideal Group of Companies Inc.'s 1-for-500 reverse split on January 3, 2024, every 500 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.
Ideal Group of Companies Inc. has not announced a new split in our records. Its most recent split was on January 3, 2024, 2 years ago. Companies announce splits in advance, and any new OTC:IDGR split will appear on this page.