Apr 17, 2001
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.81 to $1.63.
The split itself did not change the total investment value.
AXM PHARMA INC (OTC:AXMP) operates in the Pharmaceuticals: major industry.
AXM PHARMA INC company overviewAXM PHARMA INC's most recent stock split was on April 17, 2001. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
AXM PHARMA INC has split its stock once. This history records one reverse split, on April 17, 2001.
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 AXM PHARMA INC's 1-for-2 reverse split on April 17, 2001, every 2 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.
AXM PHARMA INC has not announced a new split in our records. Its most recent split was on April 17, 2001, 25 years ago. Companies announce splits in advance, and any new OTC:AXMP split will appear on this page.