Oct 03, 1983
2:1
For every share held, investors received 2. The price per share adjusted from $11.13 to $5.56.
The split itself did not change the total investment value.
McRae Industries, Inc. (OTC:MCRAB) operates in the Apparel/Footwear industry.
McRae Industries, Inc. company overviewMcRae Industries, Inc.'s most recent stock split was on October 3, 1983. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
McRae Industries, Inc. (OTC:MCRAB) has split its stock 3 times: a 103-for-100 split on October 8, 1982, a 103-for-100 split on January 17, 1983, and a 2-for-1 split on October 3, 1983.
McRae Industries, Inc. has split its stock 3 times. This history records 3 forward splits between October 8, 1982 and October 3, 1983.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In McRae Industries, Inc.'s 2-for-1 split on October 3, 1983, every share became 2 shares.
McRae Industries, Inc. has not announced a new split in our records. Its most recent split was on October 3, 1983, 43 years ago. Companies announce splits in advance, and any new OTC:MCRAB split will appear on this page.