Apr 08, 2010
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
Safetek International, Inc. (OTC:SFIN) operates in the Financial conglomerates industry.
Safetek International, Inc. company overviewSafetek International, Inc.'s most recent stock split was on April 8, 2010. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Safetek International, Inc. (OTC:SFIN) has split its stock 4 times: a 1-for-10 reverse split on June 10, 1991, a 1-for-500 reverse split on February 21, 2001, a 1-for-1000 reverse split on September 14, 2004, and a 1-for-25 reverse split on April 8, 2010.
Safetek International, Inc. has split its stock 4 times. This history records 4 reverse splits between June 10, 1991 and April 8, 2010.
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 Safetek International, Inc.'s 1-for-25 reverse split on April 8, 2010, every 25 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.
Safetek International, Inc. has not announced a new split in our records. Its most recent split was on April 8, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:SFIN split will appear on this page.
Already premium?