Mar 13, 2012
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.30 to $3.60.
The split itself did not change the total investment value.
Kinbasha Gaming International, Inc. (OTC:KNBA) operates in the Casinos/Gaming industry.
Kinbasha Gaming International, Inc. company overviewKinbasha Gaming International, Inc.'s most recent stock split was on March 13, 2012. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Kinbasha Gaming International, Inc. has split its stock once. This history records one reverse split, on March 13, 2012.
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 Kinbasha Gaming International, Inc.'s 1-for-12 reverse split on March 13, 2012, every 12 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.
Kinbasha Gaming International, Inc. has not announced a new split in our records. Its most recent split was on March 13, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:KNBA split will appear on this page.