Dec 21, 2016
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $0.01 to $0.06.
The split itself did not change the total investment value.
CURTIS MATHES CORP. (OTC:CMCZ) operates in the Electrical products industry.
CURTIS MATHES CORP. company overviewCURTIS MATHES CORP.'s most recent stock split was on December 21, 2016. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
CURTIS MATHES CORP. (OTC:CMCZ) has split its stock 2 times: a 1-for-1000 reverse split on June 19, 2006 and a 1-for-6 reverse split on December 21, 2016.
CURTIS MATHES CORP. has split its stock 2 times. This history records 2 reverse splits between June 19, 2006 and December 21, 2016.
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 CURTIS MATHES CORP.'s 1-for-6 reverse split on December 21, 2016, 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.
CURTIS MATHES CORP. has not announced a new split in our records. Its most recent split was on December 21, 2016, 9 years ago. Companies announce splits in advance, and any new OTC:CMCZ split will appear on this page.