Jul 09, 1985
1:200
For every 200 shares held, investors received 1. The price per share adjusted from $7.88 to $1575.00.
The split itself did not change the total investment value.
ALTAIR CORP DEL (OTC:ATCD) operates in the Medical specialties industry.
ALTAIR CORP DEL company overviewALTAIR CORP DEL's most recent stock split was on July 9, 1985. It was a 1-for-200 reverse split, so shareholders received 1 share for every 200 they held.
ALTAIR CORP DEL (OTC:ATCD) has split its stock 3 times: a 103-for-100 split on December 17, 1975, a 103-for-100 split on December 13, 1976, and a 1-for-200 reverse split on July 9, 1985.
ALTAIR CORP DEL has split its stock 3 times. This history records 3 splits between December 17, 1975 and July 9, 1985.
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 ALTAIR CORP DEL's 1-for-200 reverse split on July 9, 1985, every 200 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.
ALTAIR CORP DEL has not announced a new split in our records. Its most recent split was on July 9, 1985, 41 years ago. Companies announce splits in advance, and any new OTC:ATCD split will appear on this page.