Aug 01, 1994
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
NEW WORLD BRANDS INC (OTC:NWBD) operates in the Miscellaneous industry.
NEW WORLD BRANDS INC company overviewNEW WORLD BRANDS INC's most recent stock split was on August 1, 1994. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
NEW WORLD BRANDS INC has split its stock once. This history records one reverse split, on August 1, 1994.
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 NEW WORLD BRANDS INC's 1-for-8 reverse split on August 1, 1994, every 8 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.
NEW WORLD BRANDS INC has not announced a new split in our records. Its most recent split was on August 1, 1994, 32 years ago. Companies announce splits in advance, and any new OTC:NWBD split will appear on this page.