Dec 31, 2001
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.60.
The split itself did not change the total investment value.
IEXALT (OTC:IEXA) operates in the Other consumer services industry.
IEXALT company overviewIEXALT's most recent stock split was on December 31, 2001. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
IEXALT (OTC:IEXA) has split its stock 3 times: a 1-for-10 reverse split on June 3, 1999, a 1-for-10 reverse split on September 13, 1999, and a 1-for-50 reverse split on December 31, 2001.
IEXALT has split its stock 3 times. This history records 3 reverse splits between June 3, 1999 and December 31, 2001.
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 IEXALT's 1-for-50 reverse split on December 31, 2001, every 50 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.
IEXALT has not announced a new split in our records. Its most recent split was on December 31, 2001, 24 years ago. Companies announce splits in advance, and any new OTC:IEXA split will appear on this page.