Feb 10, 2023
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $5.73 to $40.08.
The split itself did not change the total investment value.
Direct Communication Solutions, Inc. (OTC:DCSX) operates in the Electronics distributors industry.
Direct Communication Solutions, Inc. company overviewDirect Communication Solutions, Inc.'s most recent stock split was on February 10, 2023. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Direct Communication Solutions, Inc. (OTC:DCSX) has split its stock 11 times: a 3-for-2 split on April 9, 1980, a 3-for-2 split on October 20, 1981, a 5-for-4 split on October 29, 1984, a 5-for-4 split on January 20, 1986, a 5-for-4 split on February 10, 1987, a 11-for-10 split on January 27, 1992, a 11-for-10 split on January 15, 1993, a 11-for-10 split on May 2, 1994, a 11-for-10 split on April 10, 1997, a 6-for-5 split on May 7, 1998, and a 1-for-7 reverse split on February 10, 2023.
Direct Communication Solutions, Inc. has split its stock 11 times. This history records 11 splits between April 9, 1980 and February 10, 2023.
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 Direct Communication Solutions, Inc.'s 1-for-7 reverse split on February 10, 2023, every 7 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.
Direct Communication Solutions, Inc. has not announced a new split in our records. Its most recent split was on February 10, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:DCSX split will appear on this page.