Feb 08, 2011
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.25 to $3.00.
The split itself did not change the total investment value.
Xsovt Brands, Inc. (OTC:XSVT) operates in the Medical/Nursing services industry.
Xsovt Brands, Inc. company overviewXsovt Brands, Inc.'s most recent stock split was on February 8, 2011. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Xsovt Brands, Inc. has split its stock once. This history records one reverse split, on February 8, 2011.
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 Xsovt Brands, Inc.'s 1-for-12 reverse split on February 8, 2011, every 12 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.
Xsovt Brands, Inc. has not announced a new split in our records. Its most recent split was on February 8, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:XSVT split will appear on this page.