Feb 23, 1999
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
NEXT MEATS HLDGS INC. (OTC:NXMH) operates in the Food retail industry.
NEXT MEATS HLDGS INC. company overviewNEXT MEATS HLDGS INC.'s most recent stock split was on February 23, 1999. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
NEXT MEATS HLDGS INC. has split its stock once. This history records one reverse split, on February 23, 1999.
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 NEXT MEATS HLDGS INC.'s 1-for-10 reverse split on February 23, 1999, 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.
NEXT MEATS HLDGS INC. has not announced a new split in our records. Its most recent split was on February 23, 1999, 27 years ago. Companies announce splits in advance, and any new OTC:NXMH split will appear on this page.
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