Jul 07, 1997
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $2.06 to $6.19.
The split itself did not change the total investment value.
WESTAMERICA CORP (OTC:WACC) operates in the Investment banks/Brokers industry.
WESTAMERICA CORP company overviewWESTAMERICA CORP's most recent stock split was on July 7, 1997. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
WESTAMERICA CORP has split its stock once. This history records one reverse split, on July 7, 1997.
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 WESTAMERICA CORP's 1-for-3 reverse split on July 7, 1997, every 3 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.
WESTAMERICA CORP has not announced a new split in our records. Its most recent split was on July 7, 1997, 29 years ago. Companies announce splits in advance, and any new OTC:WACC split will appear on this page.