Oct 12, 2006
4:15
For every 15 shares held, investors received 4. The price per share adjusted from $0.15 to $0.56.
The split itself did not change the total investment value.
ENVIRONMENTAL SVC PROFESSIONAL INC (OTC:EVSP) operates in the Auto parts: OEM industry.
ENVIRONMENTAL SVC PROFESSIONAL INC company overviewENVIRONMENTAL SVC PROFESSIONAL INC's most recent stock split was on October 12, 2006. It was a 4-for-15 reverse split, so shareholders received 4 shares for every 15 they held.
ENVIRONMENTAL SVC PROFESSIONAL INC (OTC:EVSP) has split its stock 5 times: a 41-for-40 split on December 10, 1999, a 121-for-100 split on March 8, 2000, a 41-for-40 split on June 8, 2000, a 41-for-40 split on September 7, 2000, and a 4-for-15 reverse split on October 12, 2006.
ENVIRONMENTAL SVC PROFESSIONAL INC has split its stock 5 times. This history records 5 splits between December 10, 1999 and October 12, 2006.
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 ENVIRONMENTAL SVC PROFESSIONAL INC's 4-for-15 reverse split on October 12, 2006, every 15 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
ENVIRONMENTAL SVC PROFESSIONAL INC has not announced a new split in our records. Its most recent split was on October 12, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:EVSP split will appear on this page.