Jul 28, 2005
1:1000
For every 1000 shares held, investors received 1.
The split itself did not change the total investment value.
GLOBAL DEV & RESOURCES INC (OTC:GDVE) operates in the Environmental services industry.
GLOBAL DEV & RESOURCES INC company overviewGLOBAL DEV & RESOURCES INC's most recent stock split was on July 28, 2005. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
GLOBAL DEV & RESOURCES INC has split its stock once. This history records one reverse split, on July 28, 2005.
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 GLOBAL DEV & RESOURCES INC's 1-for-1000 reverse split on July 28, 2005, 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.
GLOBAL DEV & RESOURCES INC has not announced a new split in our records. Its most recent split was on July 28, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:GDVE split will appear on this page.