Feb 19, 2020
1:200
For every 200 shares held, investors received 1. The price per share adjusted from $1.24 to $248.00.
The split itself did not change the total investment value.
Prime Being Corporation (OTC:PRBG) operates in the Food: specialty/candy industry.
Prime Being Corporation company overviewPrime Being Corporation's most recent stock split was on February 19, 2020. It was a 1-for-200 reverse split, so shareholders received 1 share for every 200 they held.
Prime Being Corporation (OTC:PRBG) has split its stock 5 times: a 1-for-50 reverse split on December 6, 2002, a 1-for-100 reverse split on July 8, 2005, a 1-for-5 reverse split on October 20, 2006, a 1-for-20 reverse split on July 10, 2007, and a 1-for-200 reverse split on February 19, 2020.
Prime Being Corporation has split its stock 5 times. This history records 5 reverse splits between December 6, 2002 and February 19, 2020.
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 Prime Being Corporation's 1-for-200 reverse split on February 19, 2020, every 200 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.
Prime Being Corporation has not announced a new split in our records. Its most recent split was on February 19, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:PRBG split will appear on this page.
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