Nov 09, 2017
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.13.
The split itself did not change the total investment value.
COMERTON CORP (OTC:COCM) operates in the Medical distributors industry.
COMERTON CORP company overviewCOMERTON CORP's most recent stock split was on November 9, 2017. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
COMERTON CORP (OTC:COCM) has split its stock 2 times: a 1-for-500 reverse split on January 8, 2016 and a 1-for-50 reverse split on November 9, 2017.
COMERTON CORP has split its stock 2 times. This history records 2 reverse splits between January 8, 2016 and November 9, 2017.
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 COMERTON CORP's 1-for-50 reverse split on November 9, 2017, every 50 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.
COMERTON CORP has not announced a new split in our records. Its most recent split was on November 9, 2017, 8 years ago. Companies announce splits in advance, and any new OTC:COCM split will appear on this page.