Dec 31, 2010
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $1.21 to $2.42.
The split itself did not change the total investment value.
Lotus Pharmaceuticals, Inc. (OTC:LTUS) operates in the Pharmaceuticals: major industry.
Lotus Pharmaceuticals, Inc. company overviewLotus Pharmaceuticals, Inc.'s most recent stock split was on December 31, 2010. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Lotus Pharmaceuticals, Inc. has split its stock once. This history records one reverse split, on December 31, 2010.
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 Lotus Pharmaceuticals, Inc.'s 1-for-2 reverse split on December 31, 2010, every 2 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.
Lotus Pharmaceuticals, Inc. has not announced a new split in our records. Its most recent split was on December 31, 2010, 15 years ago. Companies announce splits in advance, and any new OTC:LTUS split will appear on this page.