Feb 26, 2020
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.01 to $14.38.
The split itself did not change the total investment value.
IR-Med Inc. (OTC:IRME) operates in the Medical specialties industry.
IR-Med Inc. company overviewIR-Med Inc.'s most recent stock split was on February 26, 2020. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
IR-Med Inc. (OTC:IRME) has split its stock 4 times: a 1-for-300 reverse split on July 31, 2006, a 1-for-60 reverse split on October 19, 2007, a 1-for-4 reverse split on March 20, 2013, and a 1-for-1000 reverse split on February 26, 2020.
IR-Med Inc. has split its stock 4 times. This history records 4 reverse splits between July 31, 2006 and February 26, 2020.
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 IR-Med Inc.'s 1-for-1000 reverse split on February 26, 2020, every 1000 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.
IR-Med Inc. has not announced a new split in our records. Its most recent split was on February 26, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:IRME split will appear on this page.
Already premium?