Madison Systems, Inc.
OOTC:MADILatest Stock Split
Sep 11, 1996
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.10 to $4.00.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 11, 1996Before$0.10Split ratio1:40After$4.00Reverse
About Madison Systems, Inc. stock splits
Madison Systems, Inc. (OTC:MADI) operates in the Electrical products industry.
Madison Systems, Inc. company overviewWhen did Madison Systems, Inc. stock split?
Madison Systems, Inc.'s most recent stock split was on September 11, 1996. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
How many times has Madison Systems, Inc. stock split?
Madison Systems, Inc. has split its stock once. This history records one reverse split, on September 11, 1996.
What is a reverse stock split?
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 Madison Systems, Inc.'s 1-for-40 reverse split on September 11, 1996, every 40 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.
Will Madison Systems, Inc. split its stock again?
Madison Systems, Inc. has not announced a new split in our records. Its most recent split was on September 11, 1996, 30 years ago. Companies announce splits in advance, and any new OTC:MADI split will appear on this page.