Dec 27, 2011
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.00 to $0.77.
The split itself did not change the total investment value.
DRINKS AMERICAS HLDGS LTD (OTC:DKAM) operates in the Beverages: alcoholic industry.
DRINKS AMERICAS HLDGS LTD company overviewDRINKS AMERICAS HLDGS LTD's most recent stock split was on December 27, 2011. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
DRINKS AMERICAS HLDGS LTD (OTC:DKAM) has split its stock 5 times: a 2-for-1 split on May 27, 1998, a 1-for-7 reverse split on March 17, 2000, a 1-for-10 reverse split on June 3, 2005, a 1-for-15 reverse split on November 15, 2010, and a 1-for-250 reverse split on December 27, 2011.
DRINKS AMERICAS HLDGS LTD has split its stock 5 times. This history records 5 splits between May 27, 1998 and December 27, 2011.
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 DRINKS AMERICAS HLDGS LTD's 1-for-250 reverse split on December 27, 2011, every 250 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.
DRINKS AMERICAS HLDGS LTD has not announced a new split in our records. Its most recent split was on December 27, 2011, 14 years ago. Companies announce splits in advance, and any new OTC:DKAM split will appear on this page.