Oct 03, 2008
1:10000
For every 10000 shares held, investors received 1. The price per share adjusted from $0.00 to $2.00.
The split itself did not change the total investment value.
HYDROGENETICS INC (OTC:HYGN) operates in the Chemicals: specialty industry.
HYDROGENETICS INC company overviewHYDROGENETICS INC's most recent stock split was on October 3, 2008. It was a 1-for-10000 reverse split, so shareholders received 1 share for every 10000 they held.
HYDROGENETICS INC (OTC:HYGN) has split its stock 2 times: a 11-for-10 split on June 27, 2007 and a 1-for-10000 reverse split on October 3, 2008.
HYDROGENETICS INC has split its stock 2 times. This history records 2 splits between June 27, 2007 and October 3, 2008.
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 HYDROGENETICS INC's 1-for-10000 reverse split on October 3, 2008, every 10000 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.
HYDROGENETICS INC has not announced a new split in our records. Its most recent split was on October 3, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:HYGN split will appear on this page.