Jan 03, 2003
2:3
For every 3 shares held, investors received 2. The price per share adjusted from $3.01 to $4.51.
The split itself did not change the total investment value.
NEW YORK HEALTH CARE INC (OTC:BBAL) operates in the Medical/Nursing services industry.
NEW YORK HEALTH CARE INC company overviewNEW YORK HEALTH CARE INC's most recent stock split was on January 3, 2003. It was a 2-for-3 reverse split, so shareholders received 2 shares for every 3 they held.
NEW YORK HEALTH CARE INC has split its stock once. This history records one reverse split, on January 3, 2003.
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 NEW YORK HEALTH CARE INC's 2-for-3 reverse split on January 3, 2003, every 3 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
NEW YORK HEALTH CARE INC has not announced a new split in our records. Its most recent split was on January 3, 2003, 23 years ago. Companies announce splits in advance, and any new OTC:BBAL split will appear on this page.