Jun 05, 2015
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $4.50 to $18.00.
The split itself did not change the total investment value.
Principal Solar, Inc. (OTC:PSWW) operates in the Electric utilities industry.
Principal Solar, Inc. company overviewPrincipal Solar, Inc.'s most recent stock split was on June 5, 2015. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Principal Solar, Inc. (OTC:PSWW) has split its stock 3 times: a 1-for-10 reverse split on July 30, 1997, a 1-for-40 reverse split on May 31, 2011, and a 1-for-4 reverse split on June 5, 2015.
Principal Solar, Inc. has split its stock 3 times. This history records 3 reverse splits between July 30, 1997 and June 5, 2015.
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 Principal Solar, Inc.'s 1-for-4 reverse split on June 5, 2015, every 4 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.
Principal Solar, Inc. has not announced a new split in our records. Its most recent split was on June 5, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:PSWW split will appear on this page.