Aug 26, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.30 to $2.98.
The split itself did not change the total investment value.
RiceBran Technologies (OTC:RIBT) operates in the Agricultural commodities/Milling industry.
RiceBran Technologies company overviewRiceBran Technologies's most recent stock split was on August 26, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
RiceBran Technologies (OTC:RIBT) has split its stock 4 times: a 1-for-50 reverse split on April 20, 2001, a 1-for-10 reverse split on November 12, 2003, a 1-for-200 reverse split on November 18, 2013, and a 1-for-10 reverse split on August 26, 2022.
RiceBran Technologies has split its stock 4 times. This history records 4 reverse splits between April 20, 2001 and August 26, 2022.
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 RiceBran Technologies's 1-for-10 reverse split on August 26, 2022, every 10 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.
RiceBran Technologies has not announced a new split in our records. Its most recent split was on August 26, 2022, 4 years ago. Companies announce splits in advance, and any new OTC:RIBT split will appear on this page.