Feb 21, 2006
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.01 to $0.60.
The split itself did not change the total investment value.
AVITAR INC (OTC:AVTI) operates in the Medical specialties industry.
AVITAR INC company overviewAVITAR INC's most recent stock split was on February 21, 2006. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
AVITAR INC has split its stock once. This history records one reverse split, on February 21, 2006.
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 AVITAR INC's 1-for-50 reverse split on February 21, 2006, 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.
AVITAR INC has not announced a new split in our records. Its most recent split was on February 21, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:AVTI split will appear on this page.
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