Nov 29, 2004
1:44
For every 44 shares held, investors received 1. The price per share adjusted from $0.03 to $1.10.
The split itself did not change the total investment value.
ALLIANCE MEDIA HLDGS INC (OTC:ADTR) operates in the Packaged software industry.
ALLIANCE MEDIA HLDGS INC company overviewALLIANCE MEDIA HLDGS INC's most recent stock split was on November 29, 2004. It was a 1-for-44 reverse split, so shareholders received 1 share for every 44 they held.
ALLIANCE MEDIA HLDGS INC (OTC:ADTR) has split its stock 2 times: a 5-for-1 split on July 5, 2001 and a 1-for-44 reverse split on November 29, 2004.
ALLIANCE MEDIA HLDGS INC has split its stock 2 times. This history records 2 splits between July 5, 2001 and November 29, 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 ALLIANCE MEDIA HLDGS INC's 1-for-44 reverse split on November 29, 2004, every 44 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.
ALLIANCE MEDIA HLDGS INC has not announced a new split in our records. Its most recent split was on November 29, 2004, 21 years ago. Companies announce splits in advance, and any new OTC:ADTR split will appear on this page.