Sep 22, 2023
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.00 to $0.03.
The split itself did not change the total investment value.
Right On Brands, Inc. (OTC:RTON) operates in the Internet retail industry.
Right On Brands, Inc. company overviewRight On Brands, Inc.'s most recent stock split was on September 22, 2023. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
Right On Brands, Inc. (OTC:RTON) has split its stock 2 times: a 1-for-250 reverse split on January 17, 2023 and a 1-for-250 reverse split on September 22, 2023.
Right On Brands, Inc. has split its stock 2 times. This history records 2 reverse splits between January 17, 2023 and September 22, 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 Right On Brands, Inc.'s 1-for-250 reverse split on September 22, 2023, every 250 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.
Right On Brands, Inc. has not announced a new split in our records. Its most recent split was on September 22, 2023, 3 years ago. Companies announce splits in advance, and any new OTC:RTON split will appear on this page.