Aug 07, 2014
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.01 to $0.63.
The split itself did not change the total investment value.
Pineapple, Inc. (OTC:PNPL) operates in the Miscellaneous commercial services industry.
Pineapple, Inc. company overviewPineapple, Inc.'s most recent stock split was on August 7, 2014. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Pineapple, Inc. (OTC:PNPL) has split its stock 2 times: a 1-for-100 reverse split on October 2, 2013 and a 1-for-100 reverse split on August 7, 2014.
Pineapple, Inc. has split its stock 2 times. This history records 2 reverse splits between October 2, 2013 and August 7, 2014.
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 Pineapple, Inc.'s 1-for-100 reverse split on August 7, 2014, 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.
Pineapple, Inc. has not announced a new split in our records. Its most recent split was on August 7, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:PNPL split will appear on this page.