Aug 04, 2010
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.00 to $0.00.
The split itself did not change the total investment value.
MEDGEN INC (OTC:MDIN) operates in the Pharmaceuticals: other industry.
MEDGEN INC company overviewMEDGEN INC's most recent stock split was on August 4, 2010. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
MEDGEN INC (OTC:MDIN) has split its stock 5 times: a 1-for-80 reverse split on February 3, 2003, a 4-for-1 split on November 18, 2003, a 1-for-20 reverse split on September 7, 2005, a 1-for-200 reverse split on June 2, 2008, and a 1-for-30 reverse split on August 4, 2010.
MEDGEN INC has split its stock 5 times. This history records 5 splits between February 3, 2003 and August 4, 2010.
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 MEDGEN INC's 1-for-30 reverse split on August 4, 2010, every 30 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.
MEDGEN INC has not announced a new split in our records. Its most recent split was on August 4, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:MDIN split will appear on this page.
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