Mar 22, 2012
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.02 to $0.84.
The split itself did not change the total investment value.
AZURE DYNAMICS CORP (OTC:AZDDQ) operates in the Auto parts: OEM industry.
AZURE DYNAMICS CORP company overviewAZURE DYNAMICS CORP's most recent stock split was on March 22, 2012. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
AZURE DYNAMICS CORP has split its stock once. This history records one reverse split, on March 22, 2012.
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 AZURE DYNAMICS CORP's 1-for-40 reverse split on March 22, 2012, every 40 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.
AZURE DYNAMICS CORP has not announced a new split in our records. Its most recent split was on March 22, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:AZDDQ split will appear on this page.