Jun 21, 2011
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.06 to $0.72.
The split itself did not change the total investment value.
FRONTERA INVESTMENT INC (OTC:FRNV) operates in the Finance/Rental/Leasing industry.
FRONTERA INVESTMENT INC company overviewFRONTERA INVESTMENT INC's most recent stock split was on June 21, 2011. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
FRONTERA INVESTMENT INC (OTC:FRNV) has split its stock 3 times: a 1-for-10 reverse split on April 25, 2000, a 1-for-15 reverse split on April 15, 2008, and a 1-for-12 reverse split on June 21, 2011.
FRONTERA INVESTMENT INC has split its stock 3 times. This history records 3 reverse splits between April 25, 2000 and June 21, 2011.
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 FRONTERA INVESTMENT INC's 1-for-12 reverse split on June 21, 2011, every 12 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.
FRONTERA INVESTMENT INC has not announced a new split in our records. Its most recent split was on June 21, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:FRNV split will appear on this page.