Mar 31, 2011
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.00.
The split itself did not change the total investment value.
ICBS LTD (OTC:ICBT) operates in the Miscellaneous commercial services industry.
ICBS LTD company overviewICBS LTD's most recent stock split was on March 31, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
ICBS LTD (OTC:ICBT) has split its stock 7 times: a 1-for-6 reverse split on March 8, 1994, a 1-for-20 reverse split on February 21, 2002, a 1-for-100 reverse split on November 16, 2005, a 11-for-10 split on March 27, 2007, a 11-for-10 split on April 18, 2007, a 1-for-500 reverse split on March 28, 2008, and a 1-for-10 reverse split on March 31, 2011.
ICBS LTD has split its stock 7 times. This history records 7 splits between March 8, 1994 and March 31, 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 ICBS LTD's 1-for-10 reverse split on March 31, 2011, every 10 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.
ICBS LTD has not announced a new split in our records. Its most recent split was on March 31, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:ICBT split will appear on this page.
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