Dec 05, 2012
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.88 to $1.76.
The split itself did not change the total investment value.
GUANWEI RECYCLING CORP (OTC:GPRC) operates in the Containers/Packaging industry.
GUANWEI RECYCLING CORP company overviewGUANWEI RECYCLING CORP's most recent stock split was on December 5, 2012. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
GUANWEI RECYCLING CORP (OTC:GPRC) has split its stock 3 times: a 1-for-20 reverse split on October 27, 2008, a 7-for-2 split on November 9, 2009, and a 1-for-2 reverse split on December 5, 2012.
GUANWEI RECYCLING CORP has split its stock 3 times. This history records 3 splits between October 27, 2008 and December 5, 2012.
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 GUANWEI RECYCLING CORP's 1-for-2 reverse split on December 5, 2012, every 2 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.
GUANWEI RECYCLING CORP has not announced a new split in our records. Its most recent split was on December 5, 2012, 13 years ago. Companies announce splits in advance, and any new OTC:GPRC split will appear on this page.