Oct 18, 2000
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
CARBON RACE CORPORATION (OTC:CBRJ) operates in the Engineering & construction industry.
CARBON RACE CORPORATION company overviewCARBON RACE CORPORATION's most recent stock split was on October 18, 2000. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
CARBON RACE CORPORATION has split its stock once. This history records one reverse split, on October 18, 2000.
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 CARBON RACE CORPORATION's 1-for-2 reverse split on October 18, 2000, every 2 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.
CARBON RACE CORPORATION has not announced a new split in our records. Its most recent split was on October 18, 2000, 26 years ago. Companies announce splits in advance, and any new OTC:CBRJ split will appear on this page.