Dec 14, 2007
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.08 to $2.00.
The split itself did not change the total investment value.
CITY CAPITAL CORP (OTC:CTCC) operates in the Investment trusts industry.
CITY CAPITAL CORP company overviewCITY CAPITAL CORP's most recent stock split was on December 14, 2007. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
CITY CAPITAL CORP (OTC:CTCC) has split its stock 6 times: a 1-for-30 reverse split on April 11, 1994, a 1-for-20 reverse split on August 25, 1999, a 2-for-1 split on May 30, 2000, a 1-for-100 reverse split on December 15, 2004, a 21-for-20 split on May 4, 2007, and a 1-for-25 reverse split on December 14, 2007.
CITY CAPITAL CORP has split its stock 6 times. This history records 6 splits between April 11, 1994 and December 14, 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 CITY CAPITAL CORP's 1-for-25 reverse split on December 14, 2007, every 25 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.
CITY CAPITAL CORP has not announced a new split in our records. Its most recent split was on December 14, 2007, 18 years ago. Companies announce splits in advance, and any new OTC:CTCC split will appear on this page.