Sep 08, 2014
1:5000
For every 5000 shares held, investors received 1.
The split itself did not change the total investment value.
HOLLUND INDUSTRIAL MARINE INC (OTC:HIMR) operates in the Electronics/Appliances industry.
HOLLUND INDUSTRIAL MARINE INC company overviewHOLLUND INDUSTRIAL MARINE INC's most recent stock split was on September 8, 2014. It was a 1-for-5000 reverse split, so shareholders received 1 share for every 5000 they held.
HOLLUND INDUSTRIAL MARINE INC (OTC:HIMR) has split its stock 5 times: a 1-for-100 reverse split on May 14, 2007, a 17-for-1 split on November 20, 2007, a 1-for-100 reverse split on June 25, 2010, a 1-for-1000 reverse split on January 19, 2011, and a 1-for-5000 reverse split on September 8, 2014.
HOLLUND INDUSTRIAL MARINE INC has split its stock 5 times. This history records 5 splits between May 14, 2007 and September 8, 2014.
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 HOLLUND INDUSTRIAL MARINE INC's 1-for-5000 reverse split on September 8, 2014, every 5000 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.
HOLLUND INDUSTRIAL MARINE INC has not announced a new split in our records. Its most recent split was on September 8, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:HIMR split will appear on this page.