A device for extracting lipstick from a lipstick holder and forming a new holder for application of the extracted lipstick. The device includes a housing formed around a sliding barrel movably disposed within a tube. The sliding barrel includes a tab that extends through an aperture of the housing, wherein the tab allows a user to move the sliding barrel between an extended position and a retracted position. The tube has a circumference smaller than a circumference of the lipstick holder, such that an upper end of tube can be circumscribed by the lipstick holder. A remaining portion of lipstick within the lipstick holder is removed by the sliding barrel and received within the housing when the sliding barrel is retracted. A lipstick securing member extends from an upper end of the sliding barrel to assist in the extraction of the lipstick from the lipstick holder.