Oct 12, 1999
1:80
For every 80 shares held, investors received 1. The price per share adjusted from $0.10 to $8.00.
The split itself did not change the total investment value.
PEOPLES WAY COM INC (OTC:PLWY) operates in the Pharmaceuticals: other industry.
PEOPLES WAY COM INC company overviewPEOPLES WAY COM INC's most recent stock split was on October 12, 1999. It was a 1-for-80 reverse split, so shareholders received 1 share for every 80 they held.
PEOPLES WAY COM INC has split its stock once. This history records one reverse split, on October 12, 1999.
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 PEOPLES WAY COM INC's 1-for-80 reverse split on October 12, 1999, every 80 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.
PEOPLES WAY COM INC has not announced a new split in our records. Its most recent split was on October 12, 1999, 27 years ago. Companies announce splits in advance, and any new OTC:PLWY split will appear on this page.