Aug 16, 2004
200:747
For every 747 shares held, investors received 200. The price per share adjusted from $0.15 to $0.56.
The split itself did not change the total investment value.
PROVISION OPERATIONS SYSTEMS INC (OTC:PVNO) operates in the Miscellaneous commercial services industry.
PROVISION OPERATIONS SYSTEMS INC company overviewPROVISION OPERATIONS SYSTEMS INC's most recent stock split was on August 16, 2004. It was a 200-for-747 reverse split, so shareholders received 200 shares for every 747 they held.
PROVISION OPERATIONS SYSTEMS INC has split its stock once. This history records one reverse split, on August 16, 2004.
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 PROVISION OPERATIONS SYSTEMS INC's 200-for-747 reverse split on August 16, 2004, every 747 shares became 200 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
PROVISION OPERATIONS SYSTEMS INC has not announced a new split in our records. Its most recent split was on August 16, 2004, 22 years ago. Companies announce splits in advance, and any new OTC:PVNO split will appear on this page.