Apr 14, 1997
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.56 to $16.88.
The split itself did not change the total investment value.
GLOBAL ECOLOGY COR (OTC:GLEC) operates in the Industrial machinery industry.
GLOBAL ECOLOGY COR company overviewGLOBAL ECOLOGY COR's most recent stock split was on April 14, 1997. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
GLOBAL ECOLOGY COR (OTC:GLEC) has split its stock 3 times: a 1-for-10 reverse split on August 27, 1992, a 1-for-3 reverse split on March 11, 1997, and a 1-for-30 reverse split on April 14, 1997.
GLOBAL ECOLOGY COR has split its stock 3 times. This history records 3 reverse splits between August 27, 1992 and April 14, 1997.
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 ECOLOGY COR's 1-for-30 reverse split on April 14, 1997, every 30 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 ECOLOGY COR has not announced a new split in our records. Its most recent split was on April 14, 1997, 29 years ago. Companies announce splits in advance, and any new OTC:GLEC split will appear on this page.