Allied Resources, Inc.
OOTC:ALODLatest Stock Split
Jan 29, 1999
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jan 29, 1999Before—Split ratio1:5After—Reverse
About Allied Resources, Inc. stock splits
Allied Resources, Inc. (OTC:ALOD) operates in the Oil & gas production industry.
Allied Resources, Inc. company overviewWhen did Allied Resources, Inc. stock split?
Allied Resources, Inc.'s most recent stock split was on January 29, 1999. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
How many times has Allied Resources, Inc. stock split?
Allied Resources, Inc. has split its stock once. This history records one reverse split, on January 29, 1999.
What is a reverse stock split?
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 Allied Resources, Inc.'s 1-for-5 reverse split on January 29, 1999, 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.
Will Allied Resources, Inc. split its stock again?
Allied Resources, Inc. has not announced a new split in our records. Its most recent split was on January 29, 1999, 27 years ago. Companies announce splits in advance, and any new OTC:ALOD split will appear on this page.