Oct 30, 2017
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.00 to $2.35.
The split itself did not change the total investment value.
Sack Lunch Productions, Inc. (OTC:SAKL) operates in the Miscellaneous commercial services industry.
Sack Lunch Productions, Inc. company overviewSack Lunch Productions, Inc.'s most recent stock split was on October 30, 2017. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Sack Lunch Productions, Inc. (OTC:SAKL) has split its stock 5 times: a 1-for-1000 reverse split on November 1, 2004, a 1-for-10 reverse split on February 20, 2007, a 1-for-100 reverse split on December 14, 2007, a 1-for-1000 reverse split on July 29, 2008, and a 1-for-500 reverse split on October 30, 2017.
Sack Lunch Productions, Inc. has split its stock 5 times. This history records 5 reverse splits between November 1, 2004 and October 30, 2017.
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 Sack Lunch Productions, Inc.'s 1-for-500 reverse split on October 30, 2017, every 500 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.
Sack Lunch Productions, Inc. has not announced a new split in our records. Its most recent split was on October 30, 2017, 8 years ago. Companies announce splits in advance, and any new OTC:SAKL split will appear on this page.