Feb 05, 2021
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.19 to $47.20.
The split itself did not change the total investment value.
Skywealth Group Inc. (OTC:SKWG) operates in the Information technology services industry.
Skywealth Group Inc. company overviewSkywealth Group Inc.'s most recent stock split was on February 5, 2021. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
Skywealth Group Inc. (OTC:SKWG) has split its stock 4 times: a 1-for-10 reverse split on March 16, 2001, a 1-for-100 reverse split on June 1, 2009, a 2-for-1 split on September 29, 2010, and a 1-for-250 reverse split on February 5, 2021.
Skywealth Group Inc. has split its stock 4 times. This history records 4 splits between March 16, 2001 and February 5, 2021.
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 Skywealth Group Inc.'s 1-for-250 reverse split on February 5, 2021, 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.
Skywealth Group Inc. has not announced a new split in our records. Its most recent split was on February 5, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:SKWG split will appear on this page.