Nov 07, 2005
1:300
For every 300 shares held, investors received 1.
The split itself did not change the total investment value.
Interfoundry, Inc. (OTC:ITFY) operates in the Alternative power generation industry.
Interfoundry, Inc. company overviewInterfoundry, Inc.'s most recent stock split was on November 7, 2005. It was a 1-for-300 reverse split, so shareholders received 1 share for every 300 they held.
Interfoundry, Inc. (OTC:ITFY) has split its stock 2 times: a 1-for-15 reverse split on March 18, 2004 and a 1-for-300 reverse split on November 7, 2005.
Interfoundry, Inc. has split its stock 2 times. This history records 2 reverse splits between March 18, 2004 and November 7, 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 Interfoundry, Inc.'s 1-for-300 reverse split on November 7, 2005, every 300 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.
Interfoundry, Inc. has not announced a new split in our records. Its most recent split was on November 7, 2005, 20 years ago. Companies announce splits in advance, and any new OTC:ITFY split will appear on this page.