Jan 11, 2007
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Bri-Chem Corp. (NEO:BRY) operates in the Wholesale distributors industry.
Bri-Chem Corp. company overviewBri-Chem Corp.'s most recent stock split was on January 11, 2007. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Bri-Chem Corp. (NEO:BRY) has split its stock 2 times: a 1-for-2 reverse split on October 28, 1997 and a 1-for-5 reverse split on January 11, 2007.
Bri-Chem Corp. has split its stock 2 times. This history records 2 reverse splits between October 28, 1997 and January 11, 2007.
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 Bri-Chem Corp.'s 1-for-5 reverse split on January 11, 2007, every 5 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.
Bri-Chem Corp. has not announced a new split in our records. Its most recent split was on January 11, 2007, 19 years ago. Companies announce splits in advance, and any new NEO:BRY split will appear on this page.
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