Sep 23, 2008
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
SOLUTIONS GROUP INC (OTC:SOLU) operates in the Financial conglomerates industry.
SOLUTIONS GROUP INC company overviewSOLUTIONS GROUP INC's most recent stock split was on September 23, 2008. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
SOLUTIONS GROUP INC (OTC:SOLU) has split its stock 3 times: a 1-for-50 reverse split on March 26, 2007, a 5-for-1 split on August 21, 2007, and a 1-for-50 reverse split on September 23, 2008.
SOLUTIONS GROUP INC has split its stock 3 times. This history records 3 splits between March 26, 2007 and September 23, 2008.
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 SOLUTIONS GROUP INC's 1-for-50 reverse split on September 23, 2008, 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.
SOLUTIONS GROUP INC has not announced a new split in our records. Its most recent split was on September 23, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:SOLU split will appear on this page.