Nov 25, 2002
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.10.
The split itself did not change the total investment value.
GLOBAL MEDICAL PRODUCTS HLDGS INC (OTC:GMDP) operates in the Medical specialties industry.
GLOBAL MEDICAL PRODUCTS HLDGS INC company overviewGLOBAL MEDICAL PRODUCTS HLDGS INC's most recent stock split was on November 25, 2002. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
GLOBAL MEDICAL PRODUCTS HLDGS INC has split its stock once. This history records one reverse split, on November 25, 2002.
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 GLOBAL MEDICAL PRODUCTS HLDGS INC's 1-for-50 reverse split on November 25, 2002, 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.
GLOBAL MEDICAL PRODUCTS HLDGS INC has not announced a new split in our records. Its most recent split was on November 25, 2002, 23 years ago. Companies announce splits in advance, and any new OTC:GMDP split will appear on this page.