Oct 03, 2008
1:75000
For every 75000 shares held, investors received 1. The price per share adjusted from $0.00 to $7.50.
The split itself did not change the total investment value.
Newron Sport (OTC:NSPT) operates in the Electronic equipment/Instruments industry.
Newron Sport company overviewNewron Sport's most recent stock split was on October 3, 2008. It was a 1-for-75000 reverse split, so shareholders received 1 share for every 75000 they held.
Newron Sport (OTC:NSPT) has split its stock 4 times: a 1-for-50 reverse split on April 21, 2003, a 1-for-100 reverse split on November 15, 2004, a 1-for-9 reverse split on May 16, 2006, and a 1-for-75000 reverse split on October 3, 2008.
Newron Sport has split its stock 4 times. This history records 4 reverse splits between April 21, 2003 and October 3, 2008.
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 Newron Sport's 1-for-75000 reverse split on October 3, 2008, every 75000 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.
Newron Sport has not announced a new split in our records. Its most recent split was on October 3, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:NSPT split will appear on this page.