Sep 14, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $3.43 to $34.30.
The split itself did not change the total investment value.
INTELLIPHARMACEUTICS INTL INC (OTC:IPCIQ) operates in the Pharmaceuticals: major industry.
INTELLIPHARMACEUTICS INTL INC company overviewINTELLIPHARMACEUTICS INTL INC's most recent stock split was on September 14, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
INTELLIPHARMACEUTICS INTL INC (OTC:IPCIQ) has split its stock 3 times: a 1-for-10 reverse split on April 17, 2007, a 25-for-379 reverse split on October 26, 2009, and a 1-for-10 reverse split on September 14, 2018.
INTELLIPHARMACEUTICS INTL INC has split its stock 3 times. This history records 3 reverse splits between April 17, 2007 and September 14, 2018.
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 INTELLIPHARMACEUTICS INTL INC's 1-for-10 reverse split on September 14, 2018, 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.
INTELLIPHARMACEUTICS INTL INC has not announced a new split in our records. Its most recent split was on September 14, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:IPCIQ split will appear on this page.
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