Jul 15, 2016
1:400
For every 400 shares held, investors received 1. The price per share adjusted from $0.01 to $3.60.
The split itself did not change the total investment value.
AXION POWER INTERNATIONAL INC (OTC:AXPWQ) operates in the Electrical products industry.
AXION POWER INTERNATIONAL INC company overviewAXION POWER INTERNATIONAL INC's most recent stock split was on July 15, 2016. It was a 1-for-400 reverse split, so shareholders received 1 share for every 400 they held.
AXION POWER INTERNATIONAL INC (OTC:AXPWQ) has split its stock 4 times: a 1-for-16 reverse split on June 7, 2004, a 1-for-50 reverse split on September 9, 2014, a 1-for-35 reverse split on July 14, 2015, and a 1-for-400 reverse split on July 15, 2016.
AXION POWER INTERNATIONAL INC has split its stock 4 times. This history records 4 reverse splits between June 7, 2004 and July 15, 2016.
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 AXION POWER INTERNATIONAL INC's 1-for-400 reverse split on July 15, 2016, every 400 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.
AXION POWER INTERNATIONAL INC has not announced a new split in our records. Its most recent split was on July 15, 2016, 10 years ago. Companies announce splits in advance, and any new OTC:AXPWQ split will appear on this page.