Jul 07, 2009
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $0.60.
The split itself did not change the total investment value.
iGen Networks Corp. (OTC:IGEN) operates in the Packaged software industry.
iGen Networks Corp. company overviewiGen Networks Corp.'s most recent stock split was on July 7, 2009. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
iGen Networks Corp. (OTC:IGEN) has split its stock 2 times: a 5-for-1 split on October 14, 2008 and a 1-for-100 reverse split on July 7, 2009.
iGen Networks Corp. has split its stock 2 times. This history records 2 splits between October 14, 2008 and July 7, 2009.
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 iGen Networks Corp.'s 1-for-100 reverse split on July 7, 2009, every 100 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.
iGen Networks Corp. has not announced a new split in our records. Its most recent split was on July 7, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:IGEN split will appear on this page.