Jan 14, 2004
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $1.24 to $3.72.
The split itself did not change the total investment value.
Milestone Scientific, Inc. (AMEX:MLSS) operates in the Medical specialties industry.
Milestone Scientific, Inc. company overviewMilestone Scientific, Inc.'s most recent stock split was on January 14, 2004. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Milestone Scientific, Inc. has split its stock once. This history records one reverse split, on January 14, 2004.
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 Milestone Scientific, Inc.'s 1-for-3 reverse split on January 14, 2004, every 3 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.
Milestone Scientific, Inc. has not announced a new split in our records. Its most recent split was on January 14, 2004, 22 years ago. Companies announce splits in advance, and any new AMEX:MLSS split will appear on this page.