Apr 26, 2019
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.01 to $5.20.
The split itself did not change the total investment value.
IPE Universal Inc. (OTC:IPEU) operates in the Information technology services industry.
IPE Universal Inc. company overviewIPE Universal Inc.'s most recent stock split was on April 26, 2019. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
IPE Universal Inc. has split its stock once. This history records one reverse split, on April 26, 2019.
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 IPE Universal Inc.'s 1-for-1000 reverse split on April 26, 2019, every 1000 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.
IPE Universal Inc. has not announced a new split in our records. Its most recent split was on April 26, 2019, 7 years ago. Companies announce splits in advance, and any new OTC:IPEU split will appear on this page.