Jul 22, 2005
1:400
For every 400 shares held, investors received 1. The price per share adjusted from $0.00 to $0.80.
The split itself did not change the total investment value.
International Luxury Products, Inc. (OTC:ILXP) operates in the Other consumer specialties industry.
International Luxury Products, Inc. company overviewInternational Luxury Products, Inc.'s most recent stock split was on July 22, 2005. It was a 1-for-400 reverse split, so shareholders received 1 share for every 400 they held.
International Luxury Products, Inc. has split its stock once. This history records one reverse split, on July 22, 2005.
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 International Luxury Products, Inc.'s 1-for-400 reverse split on July 22, 2005, every 400 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.
International Luxury Products, Inc. has not announced a new split in our records. Its most recent split was on July 22, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:ILXP split will appear on this page.