Aug 15, 2008
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.00 to $1.50.
The split itself did not change the total investment value.
XTREME MOTORSPORTS INTL INC (OTC:XTMM) operates in the Recreational products industry.
XTREME MOTORSPORTS INTL INC company overviewXTREME MOTORSPORTS INTL INC's most recent stock split was on August 15, 2008. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
XTREME MOTORSPORTS INTL INC (OTC:XTMM) has split its stock 2 times: a 1-for-100 reverse split on August 30, 2006 and a 1-for-500 reverse split on August 15, 2008.
XTREME MOTORSPORTS INTL INC has split its stock 2 times. This history records 2 reverse splits between August 30, 2006 and August 15, 2008.
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 XTREME MOTORSPORTS INTL INC's 1-for-500 reverse split on August 15, 2008, every 500 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.
XTREME MOTORSPORTS INTL INC has not announced a new split in our records. Its most recent split was on August 15, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:XTMM split will appear on this page.