Oct 08, 2009
1:25
For every 25 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.
SPENCER PHARMACEUTICAL INC (OTC:SPPH) operates in the Pharmaceuticals: major industry.
SPENCER PHARMACEUTICAL INC company overviewSPENCER PHARMACEUTICAL INC's most recent stock split was on October 8, 2009. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
SPENCER PHARMACEUTICAL INC (OTC:SPPH) has split its stock 2 times: a 174-for-25 split on January 26, 2001 and a 1-for-25 reverse split on October 8, 2009.
SPENCER PHARMACEUTICAL INC has split its stock 2 times. This history records 2 splits between January 26, 2001 and October 8, 2009.
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 SPENCER PHARMACEUTICAL INC's 1-for-25 reverse split on October 8, 2009, 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.
SPENCER PHARMACEUTICAL INC has not announced a new split in our records. Its most recent split was on October 8, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:SPPH split will appear on this page.