Jul 01, 1999
1:9
For every 9 shares held, investors received 1. The price per share adjusted from $0.15 to $1.35.
The split itself did not change the total investment value.
VentureNet Capital Group, Inc. (OTC:VNTN) operates in the Advertising/Marketing services industry.
VentureNet Capital Group, Inc. company overviewVentureNet Capital Group, Inc.'s most recent stock split was on July 1, 1999. It was a 1-for-9 reverse split, so shareholders received 1 share for every 9 they held.
VentureNet Capital Group, Inc. (OTC:VNTN) has split its stock 2 times: a 1-for-1000 reverse split on April 28, 1998 and a 1-for-9 reverse split on July 1, 1999.
VentureNet Capital Group, Inc. has split its stock 2 times. This history records 2 reverse splits between April 28, 1998 and July 1, 1999.
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 VentureNet Capital Group, Inc.'s 1-for-9 reverse split on July 1, 1999, every 9 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.
VentureNet Capital Group, Inc. has not announced a new split in our records. Its most recent split was on July 1, 1999, 27 years ago. Companies announce splits in advance, and any new OTC:VNTN split will appear on this page.