Sep 27, 2007
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
Bravada International, Ltd. (OTC:BRAV) operates in the Apparel/Footwear retail industry.
Bravada International, Ltd. company overviewBravada International, Ltd.'s most recent stock split was on September 27, 2007. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Bravada International, Ltd. (OTC:BRAV) has split its stock 6 times: a 1-for-20 reverse split on December 1, 1997, a 21-for-20 split on June 1, 1999, a 21-for-20 split on August 30, 1999, a 21-for-20 split on March 29, 2000, a 21-for-20 split on September 27, 2000, and a 1-for-50 reverse split on September 27, 2007.
Bravada International, Ltd. has split its stock 6 times. This history records 6 splits between December 1, 1997 and September 27, 2007.
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 Bravada International, Ltd.'s 1-for-50 reverse split on September 27, 2007, 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.
Bravada International, Ltd. has not announced a new split in our records. Its most recent split was on September 27, 2007, 19 years ago. Companies announce splits in advance, and any new OTC:BRAV split will appear on this page.