Sep 30, 1992
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
PRISM SOFTWARE CORP (OTC:PSWR) operates in the Packaged software industry.
PRISM SOFTWARE CORP company overviewPRISM SOFTWARE CORP's most recent stock split was on September 30, 1992. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
PRISM SOFTWARE CORP has split its stock once. This history records one reverse split, on September 30, 1992.
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 PRISM SOFTWARE CORP's 1-for-10 reverse split on September 30, 1992, every 10 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.
PRISM SOFTWARE CORP has not announced a new split in our records. Its most recent split was on September 30, 1992, 34 years ago. Companies announce splits in advance, and any new OTC:PSWR split will appear on this page.