Sep 03, 2013
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
FIREMANS CONTRACTORS INC (OTC:FRCN) operates in the Miscellaneous commercial services industry.
FIREMANS CONTRACTORS INC company overviewFIREMANS CONTRACTORS INC's most recent stock split was on September 3, 2013. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
FIREMANS CONTRACTORS INC has split its stock once. This history records one reverse split, on September 3, 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 FIREMANS CONTRACTORS INC's 1-for-50 reverse split on September 3, 2013, every 50 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.
FIREMANS CONTRACTORS INC has not announced a new split in our records. Its most recent split was on September 3, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:FRCN split will appear on this page.