Aug 22, 2008
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.03 to $0.75.
The split itself did not change the total investment value.
ENVIT CAPITAL GROUP INC (OTC:ECGP) operates in the Investment managers industry.
ENVIT CAPITAL GROUP INC company overviewENVIT CAPITAL GROUP INC's most recent stock split was on August 22, 2008. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
ENVIT CAPITAL GROUP INC (OTC:ECGP) has split its stock 2 times: a 2-for-1 split on November 29, 1996 and a 1-for-30 reverse split on August 22, 2008.
ENVIT CAPITAL GROUP INC has split its stock 2 times. This history records 2 splits between November 29, 1996 and August 22, 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 ENVIT CAPITAL GROUP INC's 1-for-30 reverse split on August 22, 2008, every 30 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.
ENVIT CAPITAL GROUP INC has not announced a new split in our records. Its most recent split was on August 22, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:ECGP split will appear on this page.