Nov 19, 1997
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.97 to $4.84.
The split itself did not change the total investment value.
INTERPHARM HOLDINGS INC (OTC:IPAH) operates in the Pharmaceuticals: major industry.
INTERPHARM HOLDINGS INC company overviewINTERPHARM HOLDINGS INC's most recent stock split was on November 19, 1997. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
INTERPHARM HOLDINGS INC (OTC:IPAH) has split its stock 2 times: a 1-for-10 reverse split on September 9, 1994 and a 1-for-5 reverse split on November 19, 1997.
INTERPHARM HOLDINGS INC has split its stock 2 times. This history records 2 reverse splits between September 9, 1994 and November 19, 1997.
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 INTERPHARM HOLDINGS INC's 1-for-5 reverse split on November 19, 1997, every 5 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.
INTERPHARM HOLDINGS INC has not announced a new split in our records. Its most recent split was on November 19, 1997, 28 years ago. Companies announce splits in advance, and any new OTC:IPAH split will appear on this page.