Oct 07, 2020
1:200
For every 200 shares held, investors received 1. The price per share adjusted from $0.00 to $0.48.
The split itself did not change the total investment value.
Trend Exploration, Inc. (OTC:TRDX) operates in the Financial conglomerates industry.
Trend Exploration, Inc. company overviewTrend Exploration, Inc.'s most recent stock split was on October 7, 2020. It was a 1-for-200 reverse split, so shareholders received 1 share for every 200 they held.
Trend Exploration, Inc. (OTC:TRDX) has split its stock 2 times: a 10-for-1 split on October 24, 2006 and a 1-for-200 reverse split on October 7, 2020.
Trend Exploration, Inc. has split its stock 2 times. This history records 2 splits between October 24, 2006 and October 7, 2020.
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 Trend Exploration, Inc.'s 1-for-200 reverse split on October 7, 2020, every 200 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.
Trend Exploration, Inc. has not announced a new split in our records. Its most recent split was on October 7, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:TRDX split will appear on this page.