Mar 17, 2011
1:1000
For every 1000 shares held, investors received 1.
The split itself did not change the total investment value.
KMA HOLDING INC (OTC:MCDA) operates in the Medical distributors industry.
KMA HOLDING INC company overviewKMA HOLDING INC's most recent stock split was on March 17, 2011. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
KMA HOLDING INC (OTC:MCDA) has split its stock 6 times: a 1-for-50 reverse split on December 15, 2003, a 22-for-1 split on January 27, 2006, a 1-for-100 reverse split on November 20, 2006, a 1-for-100 reverse split on May 11, 2007, a 1-for-500 reverse split on August 20, 2009, and a 1-for-1000 reverse split on March 17, 2011.
KMA HOLDING INC has split its stock 6 times. This history records 6 splits between December 15, 2003 and March 17, 2011.
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 KMA HOLDING INC's 1-for-1000 reverse split on March 17, 2011, 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.
KMA HOLDING INC has not announced a new split in our records. Its most recent split was on March 17, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:MCDA split will appear on this page.