Mar 28, 2012
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Summer Energy Holdings, Inc. (OTC:SUME) operates in the Electric utilities industry.
Summer Energy Holdings, Inc. company overviewSummer Energy Holdings, Inc.'s most recent stock split was on March 28, 2012. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Summer Energy Holdings, Inc. has split its stock once. This history records one reverse split, on March 28, 2012.
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 Summer Energy Holdings, Inc.'s 1-for-4 reverse split on March 28, 2012, every 4 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.
Summer Energy Holdings, Inc. has not announced a new split in our records. Its most recent split was on March 28, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:SUME split will appear on this page.