Mar 16, 1999
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
RCI Hospitality Holdings, Inc. (MUN:RIK) operates in the Restaurants industry.
RCI Hospitality Holdings, Inc. company overviewRCI Hospitality Holdings, Inc.'s most recent stock split was on March 16, 1999. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
RCI Hospitality Holdings, Inc. has split its stock once. This history records one reverse split, on March 16, 1999.
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 RCI Hospitality Holdings, Inc.'s 1-for-2 reverse split on March 16, 1999, 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.
RCI Hospitality Holdings, Inc. has not announced a new split in our records. Its most recent split was on March 16, 1999, 27 years ago. Companies announce splits in advance, and any new MUN:RIK split will appear on this page.