Jun 17, 2009
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.08 to $1.20.
The split itself did not change the total investment value.
China Yibai United Guarantee International Holding Inc (OTC:CBGH) operates in the Finance/Rental/Leasing industry.
China Yibai United Guarantee International Holding Inc company overviewChina Yibai United Guarantee International Holding Inc's most recent stock split was on June 17, 2009. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
China Yibai United Guarantee International Holding Inc (OTC:CBGH) has split its stock 3 times: a 1-for-10 reverse split on September 30, 1993, a 1-for-10 reverse split on May 12, 2000, and a 1-for-15 reverse split on June 17, 2009.
China Yibai United Guarantee International Holding Inc has split its stock 3 times. This history records 3 reverse splits between September 30, 1993 and June 17, 2009.
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 China Yibai United Guarantee International Holding Inc's 1-for-15 reverse split on June 17, 2009, 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.
China Yibai United Guarantee International Holding Inc has not announced a new split in our records. Its most recent split was on June 17, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:CBGH split will appear on this page.
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