Jan 25, 2008
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $1.00.
The split itself did not change the total investment value.
Peregrine Industries, Inc. (OTC:PGID) operates in the Recreational products industry.
Peregrine Industries, Inc. company overviewPeregrine Industries, Inc.'s most recent stock split was on January 25, 2008. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Peregrine Industries, Inc. has split its stock once. This history records one reverse split, on January 25, 2008.
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 Peregrine Industries, Inc.'s 1-for-100 reverse split on January 25, 2008, every 100 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.
Peregrine Industries, Inc. has not announced a new split in our records. Its most recent split was on January 25, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:PGID split will appear on this page.