Apr 01, 2003
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.15.
The split itself did not change the total investment value.
CISTERA NETWORKS INC (OTC:CNWT) operates in the Packaged software industry.
CISTERA NETWORKS INC company overviewCISTERA NETWORKS INC's most recent stock split was on April 1, 2003. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
CISTERA NETWORKS INC has split its stock once. This history records one reverse split, on April 1, 2003.
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 CISTERA NETWORKS INC's 1-for-10 reverse split on April 1, 2003, every 10 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.
CISTERA NETWORKS INC has not announced a new split in our records. Its most recent split was on April 1, 2003, 23 years ago. Companies announce splits in advance, and any new OTC:CNWT split will appear on this page.