Aug 28, 2020
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.90.
The split itself did not change the total investment value.
GIB CAP GROUP INC. (OTC:GIBX) operates in the Financial conglomerates industry.
GIB CAP GROUP INC. company overviewGIB CAP GROUP INC.'s most recent stock split was on August 28, 2020. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
GIB CAP GROUP INC. (OTC:GIBX) has split its stock 3 times: a 5-for-1 split on May 22, 2001, a 3-for-1 split on August 30, 2004, and a 1-for-1000 reverse split on August 28, 2020.
GIB CAP GROUP INC. has split its stock 3 times. This history records 3 splits between May 22, 2001 and August 28, 2020.
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 GIB CAP GROUP INC.'s 1-for-1000 reverse split on August 28, 2020, 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.
GIB CAP GROUP INC. has not announced a new split in our records. Its most recent split was on August 28, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:GIBX split will appear on this page.