Mar 15, 2023
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
Premier Air Charter Holdings Inc. (OTC:PREM) operates in the Airlines industry.
Premier Air Charter Holdings Inc. company overviewPremier Air Charter Holdings Inc.'s most recent stock split was on March 15, 2023. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Premier Air Charter Holdings Inc. (OTC:PREM) has split its stock 2 times: a 7-for-1 split on February 9, 2015 and a 1-for-25 reverse split on March 15, 2023.
Premier Air Charter Holdings Inc. has split its stock 2 times. This history records 2 splits between February 9, 2015 and March 15, 2023.
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 Premier Air Charter Holdings Inc.'s 1-for-25 reverse split on March 15, 2023, every 25 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.
Premier Air Charter Holdings Inc. has not announced a new split in our records. Its most recent split was on March 15, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:PREM split will appear on this page.