Tower Properties Company
OOTC:TPRPLatest Stock Split
Jan 07, 2009
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $299.00 to $8970.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jan 07, 2009Before$299.00Split ratio1:30After$8970.00Reverse
About Tower Properties Company stock splits
Tower Properties Company (OTC:TPRP) operates in the Real estate development industry.
Tower Properties Company company overviewWhen did Tower Properties Company stock split?
Tower Properties Company's most recent stock split was on January 7, 2009. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
How many times has Tower Properties Company stock split?
Tower Properties Company has split its stock once. This history records one reverse split, on January 7, 2009.
What is a reverse stock split?
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 Tower Properties Company's 1-for-30 reverse split on January 7, 2009, every 30 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.
Will Tower Properties Company split its stock again?
Tower Properties Company has not announced a new split in our records. Its most recent split was on January 7, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:TPRP split will appear on this page.