Jun 10, 2013
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.01 to $0.24.
The split itself did not change the total investment value.
ENDURANCE EXPLORATION GROUP INC (OTC:EXPL) operates in the Financial conglomerates industry.
ENDURANCE EXPLORATION GROUP INC company overviewENDURANCE EXPLORATION GROUP INC's most recent stock split was on June 10, 2013. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
ENDURANCE EXPLORATION GROUP INC has split its stock once. This history records one reverse split, on June 10, 2013.
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 ENDURANCE EXPLORATION GROUP INC's 1-for-40 reverse split on June 10, 2013, every 40 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.
ENDURANCE EXPLORATION GROUP INC has not announced a new split in our records. Its most recent split was on June 10, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:EXPL split will appear on this page.