Feb 19, 2008
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.20.
The split itself did not change the total investment value.
FLEXPOWER INC (OTC:FLXP) operates in the Finance/Rental/Leasing industry.
FLEXPOWER INC company overviewFLEXPOWER INC's most recent stock split was on February 19, 2008. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
FLEXPOWER INC has split its stock once. This history records one reverse split, on February 19, 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 FLEXPOWER INC's 1-for-1000 reverse split on February 19, 2008, every 1000 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.
FLEXPOWER INC has not announced a new split in our records. Its most recent split was on February 19, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:FLXP split will appear on this page.