Oct 17, 2014
1:300
For every 300 shares held, investors received 1.
The split itself did not change the total investment value.
CLEARWAVE TELECOMMUNICATIONS INC (OTC:CWTC) operates in the Major telecommunications industry.
CLEARWAVE TELECOMMUNICATIONS INC company overviewCLEARWAVE TELECOMMUNICATIONS INC's most recent stock split was on October 17, 2014. It was a 1-for-300 reverse split, so shareholders received 1 share for every 300 they held.
CLEARWAVE TELECOMMUNICATIONS INC (OTC:CWTC) has split its stock 2 times: a 1-for-4 reverse split on September 28, 2004 and a 1-for-300 reverse split on October 17, 2014.
CLEARWAVE TELECOMMUNICATIONS INC has split its stock 2 times. This history records 2 reverse splits between September 28, 2004 and October 17, 2014.
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 CLEARWAVE TELECOMMUNICATIONS INC's 1-for-300 reverse split on October 17, 2014, every 300 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.
CLEARWAVE TELECOMMUNICATIONS INC has not announced a new split in our records. Its most recent split was on October 17, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:CWTC split will appear on this page.