Mar 06, 2008
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.04 to $0.35.
The split itself did not change the total investment value.
SOUTHRIDGE ENTERPRISES INC (OTC:SRGE) operates in the Chemicals: specialty industry.
SOUTHRIDGE ENTERPRISES INC company overviewSOUTHRIDGE ENTERPRISES INC's most recent stock split was on March 6, 2008. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
SOUTHRIDGE ENTERPRISES INC (OTC:SRGE) has split its stock 2 times: a 5-for-1 split on October 3, 2006 and a 1-for-10 reverse split on March 6, 2008.
SOUTHRIDGE ENTERPRISES INC has split its stock 2 times. This history records 2 splits between October 3, 2006 and March 6, 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 SOUTHRIDGE ENTERPRISES INC's 1-for-10 reverse split on March 6, 2008, 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.
SOUTHRIDGE ENTERPRISES INC has not announced a new split in our records. Its most recent split was on March 6, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:SRGE split will appear on this page.