Mar 07, 2002
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.11 to $1.10.
The split itself did not change the total investment value.
VIDEOLOCITY INTERNATIONAL INC (OTC:VCTY) operates in the Cable/Satellite TV industry.
VIDEOLOCITY INTERNATIONAL INC company overviewVIDEOLOCITY INTERNATIONAL INC's most recent stock split was on March 7, 2002. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
VIDEOLOCITY INTERNATIONAL INC (OTC:VCTY) has split its stock 2 times: a 341-for-559 reverse split on December 5, 2000 and a 1-for-10 reverse split on March 7, 2002.
VIDEOLOCITY INTERNATIONAL INC has split its stock 2 times. This history records 2 reverse splits between December 5, 2000 and March 7, 2002.
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 VIDEOLOCITY INTERNATIONAL INC's 1-for-10 reverse split on March 7, 2002, 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.
VIDEOLOCITY INTERNATIONAL INC has not announced a new split in our records. Its most recent split was on March 7, 2002, 24 years ago. Companies announce splits in advance, and any new OTC:VCTY split will appear on this page.