Feb 24, 2017
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Reeltime Rentals, Inc. (OTC:RLTR) operates in the Packaged software industry.
Reeltime Rentals, Inc. company overviewReeltime Rentals, Inc.'s most recent stock split was on February 24, 2017. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Reeltime Rentals, Inc. (OTC:RLTR) has split its stock 2 times: a 1-for-50 reverse split on February 1, 2017 and a 1-for-50 reverse split on February 24, 2017.
Reeltime Rentals, Inc. has split its stock 2 times. This history records 2 reverse splits between February 1, 2017 and February 24, 2017.
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 Reeltime Rentals, Inc.'s 1-for-50 reverse split on February 24, 2017, 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.
Reeltime Rentals, Inc. has not announced a new split in our records. Its most recent split was on February 24, 2017, 9 years ago. Companies announce splits in advance, and any new OTC:RLTR split will appear on this page.