Sep 11, 2014
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.24 to $2.40.
The split itself did not change the total investment value.
Madkom SA (NEWCONNECT:MAD) operates in the Packaged software industry.
Madkom SA company overviewMadkom SA's most recent stock split was on September 11, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Madkom SA has split its stock once. This history records one reverse split, on September 11, 2014.
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 Madkom SA's 1-for-10 reverse split on September 11, 2014, 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.
Madkom SA has not announced a new split in our records. Its most recent split was on September 11, 2014, 12 years ago. Companies announce splits in advance, and any new NEWCONNECT:MAD split will appear on this page.
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