Dec 31, 2015
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.02 to $1.00.
The split itself did not change the total investment value.
Next10, Inc. (OTC:NXTN) operates in the Trucking industry.
Next10, Inc. company overviewNext10, Inc.'s most recent stock split was on December 31, 2015. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Next10, Inc. (OTC:NXTN) has split its stock 3 times: a 217-for-50 split on November 17, 2003, a 1-for-300 reverse split on March 30, 2011, and a 1-for-50 reverse split on December 31, 2015.
Next10, Inc. has split its stock 3 times. This history records 3 splits between November 17, 2003 and December 31, 2015.
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 Next10, Inc.'s 1-for-50 reverse split on December 31, 2015, every 50 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.
Next10, Inc. has not announced a new split in our records. Its most recent split was on December 31, 2015, 10 years ago. Companies announce splits in advance, and any new OTC:NXTN split will appear on this page.