Oct 27, 2011
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.10.
The split itself did not change the total investment value.
CARNEGIE DEVELOPMENT INC. (OTC:CDJM) operates in the Real estate development industry.
CARNEGIE DEVELOPMENT INC. company overviewCARNEGIE DEVELOPMENT INC.'s most recent stock split was on October 27, 2011. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
CARNEGIE DEVELOPMENT INC. (OTC:CDJM) has split its stock 3 times: a 1-for-10 reverse split on April 3, 2002, a 1-for-200 reverse split on May 18, 2005, and a 1-for-1000 reverse split on October 27, 2011.
CARNEGIE DEVELOPMENT INC. has split its stock 3 times. This history records 3 reverse splits between April 3, 2002 and October 27, 2011.
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 CARNEGIE DEVELOPMENT INC.'s 1-for-1000 reverse split on October 27, 2011, every 1000 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.
CARNEGIE DEVELOPMENT INC. has not announced a new split in our records. Its most recent split was on October 27, 2011, 14 years ago. Companies announce splits in advance, and any new OTC:CDJM split will appear on this page.