Dec 16, 2008
101:109
For every 109 shares held, investors received 101. The price per share adjusted from $5.52 to $5.96.
The split itself did not change the total investment value.
PPC Limited (OTC:PPCLY) operates in the Construction materials industry.
PPC Limited company overviewPPC Limited's most recent stock split was on December 16, 2008. It was a 101-for-109 reverse split, so shareholders received 101 shares for every 109 they held.
PPC Limited has split its stock once. This history records one reverse split, on December 16, 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 PPC Limited's 101-for-109 reverse split on December 16, 2008, every 109 shares became 101 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
PPC Limited has not announced a new split in our records. Its most recent split was on December 16, 2008, 17 years ago. Companies announce splits in advance, and any new OTC:PPCLY split will appear on this page.
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