Jul 09, 2013
400:1
For every share held, investors received 400. The price per share adjusted from $17.50 to $0.04.
The split itself did not change the total investment value.
RAINBOW INTL CORP NEV (OTC:RNBI) operates in the Financial conglomerates industry.
RAINBOW INTL CORP NEV company overviewRAINBOW INTL CORP NEV's most recent stock split was on July 9, 2013. It was a 400-for-1 forward split, so shareholders received 400 shares for every share they held.
RAINBOW INTL CORP NEV has split its stock once. This history records one forward split, on July 9, 2013.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In RAINBOW INTL CORP NEV's 400-for-1 split on July 9, 2013, every share became 400 shares.
RAINBOW INTL CORP NEV has not announced a new split in our records. Its most recent split was on July 9, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:RNBI split will appear on this page.