May 05, 2008
1:310
For every 310 shares held, investors received 1. The price per share adjusted from $0.00 to $0.09.
The split itself did not change the total investment value.
TELPAC INDUSTRIES INC (OTC:TLPC) operates in the Internet software/Services industry.
TELPAC INDUSTRIES INC company overviewTELPAC INDUSTRIES INC's most recent stock split was on May 5, 2008. It was a 1-for-310 reverse split, so shareholders received 1 share for every 310 they held.
TELPAC INDUSTRIES INC (OTC:TLPC) has split its stock 2 times: a 1-for-27 reverse split on December 23, 1996 and a 1-for-310 reverse split on May 5, 2008.
TELPAC INDUSTRIES INC has split its stock 2 times. This history records 2 reverse splits between December 23, 1996 and May 5, 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 TELPAC INDUSTRIES INC's 1-for-310 reverse split on May 5, 2008, every 310 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.
TELPAC INDUSTRIES INC has not announced a new split in our records. Its most recent split was on May 5, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:TLPC split will appear on this page.