Dec 24, 2014
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
Reelcause, Inc. (OTC:RCIT) operates in the Electrical products industry.
Reelcause, Inc. company overviewReelcause, Inc.'s most recent stock split was on December 24, 2014. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Reelcause, Inc. has split its stock once. This history records one reverse split, on December 24, 2014.
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 Reelcause, Inc.'s 1-for-50 reverse split on December 24, 2014, every 50 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.
Reelcause, Inc. has not announced a new split in our records. Its most recent split was on December 24, 2014, 11 years ago. Companies announce splits in advance, and any new OTC:RCIT split will appear on this page.