Mar 31, 2023
1:50
For every 50 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.
SOLIDUS COMMUNICATIONS INC. (OTC:SLDC) operates in the Data processing services industry.
SOLIDUS COMMUNICATIONS INC. company overviewSOLIDUS COMMUNICATIONS INC.'s most recent stock split was on March 31, 2023. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
SOLIDUS COMMUNICATIONS INC. (OTC:SLDC) has split its stock 3 times: a 5-for-1 split on August 21, 2009, a 1-for-125 reverse split on April 24, 2013, and a 1-for-50 reverse split on March 31, 2023.
SOLIDUS COMMUNICATIONS INC. has split its stock 3 times. This history records 3 splits between August 21, 2009 and March 31, 2023.
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 SOLIDUS COMMUNICATIONS INC.'s 1-for-50 reverse split on March 31, 2023, every 50 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.
SOLIDUS COMMUNICATIONS INC. has not announced a new split in our records. Its most recent split was on March 31, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:SLDC split will appear on this page.