Oct 09, 2020
1:59
For every 59 shares held, investors received 1. The price per share adjusted from $0.02 to $1.30.
The split itself did not change the total investment value.
Advanced Container Technologies Inc. (OTC:ACTX) operates in the Wholesale distributors industry.
Advanced Container Technologies Inc. company overviewAdvanced Container Technologies Inc.'s most recent stock split was on October 9, 2020. It was a 1-for-59 reverse split, so shareholders received 1 share for every 59 they held.
Advanced Container Technologies Inc. (OTC:ACTX) has split its stock 4 times: a 5-for-4 split on February 1, 2000, a 1-for-1000 reverse split on February 14, 2014, a 1-for-100 reverse split on March 22, 2019, and a 1-for-59 reverse split on October 9, 2020.
Advanced Container Technologies Inc. has split its stock 4 times. This history records 4 splits between February 1, 2000 and October 9, 2020.
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 Advanced Container Technologies Inc.'s 1-for-59 reverse split on October 9, 2020, every 59 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.
Advanced Container Technologies Inc. has not announced a new split in our records. Its most recent split was on October 9, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:ACTX split will appear on this page.