Jun 08, 2020
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.07 to $3.50.
The split itself did not change the total investment value.
Linike Medical Group Ltd. (OTC:LNMG) operates in the Specialty stores industry.
Linike Medical Group Ltd. company overviewLinike Medical Group Ltd.'s most recent stock split was on June 8, 2020. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Linike Medical Group Ltd. has split its stock once. This history records one reverse split, on June 8, 2020.
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 Linike Medical Group Ltd.'s 1-for-50 reverse split on June 8, 2020, every 50 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.
Linike Medical Group Ltd. has not announced a new split in our records. Its most recent split was on June 8, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:LNMG split will appear on this page.
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