Jan 17, 2012
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.40 to $4.00.
The split itself did not change the total investment value.
Mannatech, Incorporated (NASDAQ:MTEX) operates in the Pharmaceuticals: other industry.
Mannatech, Incorporated company overviewMannatech, Incorporated's most recent stock split was on January 17, 2012. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mannatech, Incorporated has split its stock once. This history records one reverse split, on January 17, 2012.
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 Mannatech, Incorporated's 1-for-10 reverse split on January 17, 2012, every 10 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.
Mannatech, Incorporated has not announced a new split in our records. Its most recent split was on January 17, 2012, 14 years ago. Companies announce splits in advance, and any new NASDAQ:MTEX split will appear on this page.