Jan 05, 1990
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.03 to $1.56.
The split itself did not change the total investment value.
Natural Alternatives International, Inc. (NASDAQ:NAII) operates in the Pharmaceuticals: other industry.
Natural Alternatives International, Inc. company overviewNatural Alternatives International, Inc.'s most recent stock split was on January 5, 1990. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Natural Alternatives International, Inc. has split its stock once. This history records one reverse split, on January 5, 1990.
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 Natural Alternatives International, Inc.'s 1-for-50 reverse split on January 5, 1990, 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.
Natural Alternatives International, Inc. has not announced a new split in our records. Its most recent split was on January 5, 1990, 36 years ago. Companies announce splits in advance, and any new NASDAQ:NAII split will appear on this page.