Jul 04, 2005
3:4
For every 4 shares held, investors received 3. The price per share adjusted from $4550.00 to $6066.67.
The split itself did not change the total investment value.
Solborn, Inc. (KRX:035610) operates in the Packaged software industry.
Solborn, Inc. company overviewSolborn, Inc.'s most recent stock split was on July 4, 2005. It was a 3-for-4 reverse split, so shareholders received 3 shares for every 4 they held.
Solborn, Inc. (KRX:035610) has split its stock 3 times: a 5-for-1 split on November 12, 1999, a 2-for-1 split on February 29, 2000, and a 3-for-4 reverse split on July 4, 2005.
Solborn, Inc. has split its stock 3 times. This history records 3 splits between November 12, 1999 and July 4, 2005.
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 Solborn, Inc.'s 3-for-4 reverse split on July 4, 2005, every 4 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Solborn, Inc. has not announced a new split in our records. Its most recent split was on July 4, 2005, 21 years ago. Companies announce splits in advance, and any new KRX:035610 split will appear on this page.
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