When a company such as RIBT conducts a reverse share split, it is usually because shares have fallen to a lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual funds might have a limit governing which stocks they may buy, based upon per-share price. The $5 and $10 pricepoints tend to be important in this regard. Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility. So when a company does a reverse split, it is looking mathematically at the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share.

Looking at the RIBT split history from start to finish, an original position size of 1000 shares would have turned into 100 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into RIBT shares, starting with a $10,000 purchase of RIBT, presented on a split-history-adjusted basis factoring in the complete RIBT split history.

About RIBT

RiceBran Technologies is an ingredient company focused on milling rice and other small grains and producing, processing and marketing healthy, natural and nutrient dense products derived from these grains. Through the application of its proprietary technologies, Co. converst raw rice bran into stabilized rice bran (SRB) and derivative products including: RiBalance, a rice bran nutritional package derived from further processing of SRB; RiSolubles, a nutritious, carbohydrate and lipid rich fraction of RiBalance; RiFiber, a protein and fiber rich insoluble derivative of RiBalance; and its family of ProRyza products, which includes derivatives composed of protein and protein/fiber blends. According to our RIBT split history records, RIBT has had 1 split.

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