Nov 18, 2005
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $2.95 to $14.75.
The split itself did not change the total investment value.
LOUD TECHNOLOGIES (OTC:LTEC) operates in the Electronics/Appliances industry.
LOUD TECHNOLOGIES company overviewLOUD TECHNOLOGIES's most recent stock split was on November 18, 2005. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
LOUD TECHNOLOGIES has split its stock once. This history records one reverse split, on November 18, 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 LOUD TECHNOLOGIES's 1-for-5 reverse split on November 18, 2005, every 5 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.
LOUD TECHNOLOGIES has not announced a new split in our records. Its most recent split was on November 18, 2005, 20 years ago. Companies announce splits in advance, and any new OTC:LTEC split will appear on this page.