Jan 31, 2017
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.01 to $0.46.
The split itself did not change the total investment value.
BOX SHIPS INC (OTC:TEUFF) operates in the Marine shipping industry.
BOX SHIPS INC company overviewBOX SHIPS INC's most recent stock split was on January 31, 2017. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
BOX SHIPS INC has split its stock once. This history records one reverse split, on January 31, 2017.
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 BOX SHIPS INC's 1-for-50 reverse split on January 31, 2017, 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.
BOX SHIPS INC has not announced a new split in our records. Its most recent split was on January 31, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:TEUFF split will appear on this page.
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