Feb 17, 2005
1:200
For every 200 shares held, investors received 1. The price per share adjusted from $0.00 to $0.20.
The split itself did not change the total investment value.
LYRIC JEANS INC (OTC:LYJN) operates in the Wholesale distributors industry.
LYRIC JEANS INC company overviewLYRIC JEANS INC's most recent stock split was on February 17, 2005. It was a 1-for-200 reverse split, so shareholders received 1 share for every 200 they held.
LYRIC JEANS INC has split its stock once. This history records one reverse split, on February 17, 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 LYRIC JEANS INC's 1-for-200 reverse split on February 17, 2005, every 200 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.
LYRIC JEANS INC has not announced a new split in our records. Its most recent split was on February 17, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:LYJN split will appear on this page.