Sep 05, 1996
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
MCHENRY METALS GOLF CORP (OTC:GLFN) operates in the Recreational products industry.
MCHENRY METALS GOLF CORP company overviewMCHENRY METALS GOLF CORP's most recent stock split was on September 5, 1996. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
MCHENRY METALS GOLF CORP has split its stock once. This history records one reverse split, on September 5, 1996.
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 MCHENRY METALS GOLF CORP's 1-for-10 reverse split on September 5, 1996, every 10 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.
MCHENRY METALS GOLF CORP has not announced a new split in our records. Its most recent split was on September 5, 1996, 30 years ago. Companies announce splits in advance, and any new OTC:GLFN split will appear on this page.