Mar 28, 2006
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.01 to $3.75.
The split itself did not change the total investment value.
BIOMAGNETICS DIAGNOSTICS CORP (OTC:BMGP) operates in the Medical specialties industry.
BIOMAGNETICS DIAGNOSTICS CORP company overviewBIOMAGNETICS DIAGNOSTICS CORP's most recent stock split was on March 28, 2006. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
BIOMAGNETICS DIAGNOSTICS CORP (OTC:BMGP) has split its stock 3 times: a 1-for-40 reverse split on April 10, 2002, a 1-for-20 reverse split on March 27, 2003, and a 1-for-250 reverse split on March 28, 2006.
BIOMAGNETICS DIAGNOSTICS CORP has split its stock 3 times. This history records 3 reverse splits between April 10, 2002 and March 28, 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 BIOMAGNETICS DIAGNOSTICS CORP's 1-for-250 reverse split on March 28, 2006, every 250 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.
BIOMAGNETICS DIAGNOSTICS CORP has not announced a new split in our records. Its most recent split was on March 28, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:BMGP split will appear on this page.