Oct 15, 2004
1:60
For every 60 shares held, investors received 1. The price per share adjusted from $0.01 to $0.36.
The split itself did not change the total investment value.
PEGASUS GAMING CORP (OTC:PGGG) operates in the Packaged software industry.
PEGASUS GAMING CORP company overviewPEGASUS GAMING CORP's most recent stock split was on October 15, 2004. It was a 1-for-60 reverse split, so shareholders received 1 share for every 60 they held.
PEGASUS GAMING CORP has split its stock once. This history records one reverse split, on October 15, 2004.
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 PEGASUS GAMING CORP's 1-for-60 reverse split on October 15, 2004, every 60 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.
PEGASUS GAMING CORP has not announced a new split in our records. Its most recent split was on October 15, 2004, 22 years ago. Companies announce splits in advance, and any new OTC:PGGG split will appear on this page.
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