Mar 15, 2001
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.08 to $2.31.
The split itself did not change the total investment value.
INVESTCO CORPORATION (OTC:IVCO) operates in the Real estate development industry.
INVESTCO CORPORATION company overviewINVESTCO CORPORATION's most recent stock split was on March 15, 2001. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
INVESTCO CORPORATION (OTC:IVCO) has split its stock 3 times: a 1-for-100 reverse split on April 16, 1999, a 11-for-10 split on August 11, 2000, and a 1-for-30 reverse split on March 15, 2001.
INVESTCO CORPORATION has split its stock 3 times. This history records 3 splits between April 16, 1999 and March 15, 2001.
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 INVESTCO CORPORATION's 1-for-30 reverse split on March 15, 2001, every 30 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.
INVESTCO CORPORATION has not announced a new split in our records. Its most recent split was on March 15, 2001, 25 years ago. Companies announce splits in advance, and any new OTC:IVCO split will appear on this page.