Oct 14, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.17 to $1.70.
The split itself did not change the total investment value.
Simply Inc. (OTC:SIMPQ) operates in the Electronics/Appliance stores industry.
Simply Inc. company overviewSimply Inc.'s most recent stock split was on October 14, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Simply Inc. (OTC:SIMPQ) has split its stock 4 times: a 2-for-1 split on June 20, 2006, a 1-for-5 reverse split on October 11, 2017, a 1-for-5 reverse split on March 9, 2018, and a 1-for-10 reverse split on October 14, 2020.
Simply Inc. has split its stock 4 times. This history records 4 splits between June 20, 2006 and October 14, 2020.
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 Simply Inc.'s 1-for-10 reverse split on October 14, 2020, 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.
Simply Inc. has not announced a new split in our records. Its most recent split was on October 14, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:SIMPQ split will appear on this page.