May 10, 2004
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Exchange Income Corporation (STU:0ON) operates in the Airlines industry.
Exchange Income Corporation company overviewExchange Income Corporation's most recent stock split was on May 10, 2004. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Exchange Income Corporation has split its stock once. This history records one reverse split, on May 10, 2004.
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 Exchange Income Corporation's 1-for-20 reverse split on May 10, 2004, every 20 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.
Exchange Income Corporation has not announced a new split in our records. Its most recent split was on May 10, 2004, 22 years ago. Companies announce splits in advance, and any new STU:0ON split will appear on this page.
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