Oct 30, 1997
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.34 to $2.06.
The split itself did not change the total investment value.
BIOQUAL, Inc. (OTC:BIOQ) operates in the Insurance brokers/Services industry.
BIOQUAL, Inc. company overviewBIOQUAL, Inc.'s most recent stock split was on October 30, 1997. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
BIOQUAL, Inc. has split its stock once. This history records one reverse split, on October 30, 1997.
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 BIOQUAL, Inc.'s 1-for-6 reverse split on October 30, 1997, every 6 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.
BIOQUAL, Inc. has not announced a new split in our records. Its most recent split was on October 30, 1997, 28 years ago. Companies announce splits in advance, and any new OTC:BIOQ split will appear on this page.