Jul 16, 1998
2:1
For every share held, investors received 2. The price per share adjusted from $42.00 to $21.00.
The split itself did not change the total investment value.
Covista Communications, Inc, (OTC:CVST) operates in the Specialty telecommunications industry.
Covista Communications, Inc, company overviewCovista Communications, Inc,'s most recent stock split was on July 16, 1998. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Covista Communications, Inc, (OTC:CVST) has split its stock 4 times: a 3-for-1 split on April 2, 1986, a 11-for-10 split on June 24, 1994, a 2-for-1 split on July 2, 1996, and a 2-for-1 split on July 16, 1998.
Covista Communications, Inc, has split its stock 4 times. This history records 4 forward splits between April 2, 1986 and July 16, 1998.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Covista Communications, Inc,'s 2-for-1 split on July 16, 1998, every share became 2 shares.
Covista Communications, Inc, has not announced a new split in our records. Its most recent split was on July 16, 1998, 28 years ago. Companies announce splits in advance, and any new OTC:CVST split will appear on this page.