Apr 10, 2008
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
DEEP BLUE MARINE INC (OTC:DPBE) operates in the Miscellaneous commercial services industry.
DEEP BLUE MARINE INC company overviewDEEP BLUE MARINE INC's most recent stock split was on April 10, 2008. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
DEEP BLUE MARINE INC (OTC:DPBE) has split its stock 3 times: a 1-for-20 reverse split on June 27, 2003, a 1-for-100 reverse split on March 1, 2004, and a 1-for-5 reverse split on April 10, 2008.
DEEP BLUE MARINE INC has split its stock 3 times. This history records 3 reverse splits between June 27, 2003 and April 10, 2008.
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 DEEP BLUE MARINE INC's 1-for-5 reverse split on April 10, 2008, every 5 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.
DEEP BLUE MARINE INC has not announced a new split in our records. Its most recent split was on April 10, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:DPBE split will appear on this page.