Dec 15, 2005
3:5
For every 5 shares held, investors received 3.
The split itself did not change the total investment value.
ENABLE HOLDINGS INC (OTC:ENAB) operates in the Other consumer services industry.
ENABLE HOLDINGS INC company overviewENABLE HOLDINGS INC's most recent stock split was on December 15, 2005. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
ENABLE HOLDINGS INC has split its stock once. This history records one reverse split, on December 15, 2005.
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 ENABLE HOLDINGS INC's 3-for-5 reverse split on December 15, 2005, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ENABLE HOLDINGS INC has not announced a new split in our records. Its most recent split was on December 15, 2005, 20 years ago. Companies announce splits in advance, and any new OTC:ENAB split will appear on this page.