Apr 28, 2011
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.10 to $1.20.
The split itself did not change the total investment value.
ORSUS XELENT TECHNOLOGIES INC (OTC:ORSX) operates in the Telecommunications equipment industry.
ORSUS XELENT TECHNOLOGIES INC company overviewORSUS XELENT TECHNOLOGIES INC's most recent stock split was on April 28, 2011. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
ORSUS XELENT TECHNOLOGIES INC (OTC:ORSX) has split its stock 2 times: a 4-for-1 split on April 1, 2005 and a 1-for-12 reverse split on April 28, 2011.
ORSUS XELENT TECHNOLOGIES INC has split its stock 2 times. This history records 2 splits between April 1, 2005 and April 28, 2011.
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 ORSUS XELENT TECHNOLOGIES INC's 1-for-12 reverse split on April 28, 2011, 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.
ORSUS XELENT TECHNOLOGIES INC has not announced a new split in our records. Its most recent split was on April 28, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:ORSX split will appear on this page.
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