Jan 22, 2009
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.34 to $1.70.
The split itself did not change the total investment value.
STINGER SYSTEM INC (OTC:STYS) operates in the Aerospace & defense industry.
STINGER SYSTEM INC company overviewSTINGER SYSTEM INC's most recent stock split was on January 22, 2009. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
STINGER SYSTEM INC has split its stock once. This history records one reverse split, on January 22, 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 STINGER SYSTEM INC's 1-for-5 reverse split on January 22, 2009, every 5 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.
STINGER SYSTEM INC has not announced a new split in our records. Its most recent split was on January 22, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:STYS split will appear on this page.