May 09, 2011
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $2.00 to $100.00.
The split itself did not change the total investment value.
Fyntechnical Innovations, Inc. (OTC:FYNN) operates in the Specialty telecommunications industry.
Fyntechnical Innovations, Inc. company overviewFyntechnical Innovations, Inc.'s most recent stock split was on May 9, 2011. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Fyntechnical Innovations, Inc. (OTC:FYNN) has split its stock 5 times: a 5-for-1 split on August 2, 1999, a 1-for-100 reverse split on September 30, 2002, a 1-for-1000 reverse split on April 8, 2009, a 11-for-10 split on February 22, 2011, and a 1-for-50 reverse split on May 9, 2011.
Fyntechnical Innovations, Inc. has split its stock 5 times. This history records 5 splits between August 2, 1999 and May 9, 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 Fyntechnical Innovations, Inc.'s 1-for-50 reverse split on May 9, 2011, 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.
Fyntechnical Innovations, Inc. has not announced a new split in our records. Its most recent split was on May 9, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:FYNN split will appear on this page.