Aug 24, 2011
20:1
For every share held, investors received 20. The price per share adjusted from $5.35 to $0.27.
The split itself did not change the total investment value.
Modern Mobility Aids, Inc. (OTC:MDRM) operates in the Pharmaceuticals: major industry.
Modern Mobility Aids, Inc. company overviewModern Mobility Aids, Inc.'s most recent stock split was on August 24, 2011. It was a 20-for-1 forward split, so shareholders received 20 shares for every share they held.
Modern Mobility Aids, Inc. has split its stock once. This history records one forward split, on August 24, 2011.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Modern Mobility Aids, Inc.'s 20-for-1 split on August 24, 2011, every share became 20 shares.
Modern Mobility Aids, Inc. has not announced a new split in our records. Its most recent split was on August 24, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:MDRM split will appear on this page.
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