Mar 28, 2005
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.06 to $0.86.
The split itself did not change the total investment value.
Adsouth Partners, Inc. (OTC:ASPR) operates in the Advertising/Marketing services industry.
Adsouth Partners, Inc. company overviewAdsouth Partners, Inc.'s most recent stock split was on March 28, 2005. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Adsouth Partners, Inc. has split its stock once. This history records one reverse split, on March 28, 2005.
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 Adsouth Partners, Inc.'s 1-for-15 reverse split on March 28, 2005, every 15 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.
Adsouth Partners, Inc. has not announced a new split in our records. Its most recent split was on March 28, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:ASPR split will appear on this page.