Feb 27, 2009
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.05 to $5.00.
The split itself did not change the total investment value.
IMMUNOTECH LABORATORIES INC (OTC:IMMB) operates in the Pharmaceuticals: major industry.
IMMUNOTECH LABORATORIES INC company overviewIMMUNOTECH LABORATORIES INC's most recent stock split was on February 27, 2009. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
IMMUNOTECH LABORATORIES INC (OTC:IMMB) has split its stock 3 times: a 6-for-1 split on January 21, 2003, a 1-for-200 reverse split on August 30, 2005, and a 1-for-100 reverse split on February 27, 2009.
IMMUNOTECH LABORATORIES INC has split its stock 3 times. This history records 3 splits between January 21, 2003 and February 27, 2009.
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 IMMUNOTECH LABORATORIES INC's 1-for-100 reverse split on February 27, 2009, every 100 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.
IMMUNOTECH LABORATORIES INC has not announced a new split in our records. Its most recent split was on February 27, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:IMMB split will appear on this page.