Aug 04, 2006
1:1000
For every 1000 shares held, investors received 1.
The split itself did not change the total investment value.
Shunlian E-commerce Inc. (OTC:SLEC) operates in the Catalog/Specialty distribution industry.
Shunlian E-commerce Inc. company overviewShunlian E-commerce Inc.'s most recent stock split was on August 4, 2006. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Shunlian E-commerce Inc. (OTC:SLEC) has split its stock 2 times: a 5-for-1 split on August 5, 2004 and a 1-for-1000 reverse split on August 4, 2006.
Shunlian E-commerce Inc. has split its stock 2 times. This history records 2 splits between August 5, 2004 and August 4, 2006.
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 Shunlian E-commerce Inc.'s 1-for-1000 reverse split on August 4, 2006, every 1000 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.
Shunlian E-commerce Inc. has not announced a new split in our records. Its most recent split was on August 4, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:SLEC split will appear on this page.