Dec 06, 2016
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.26 to $3.90.
The split itself did not change the total investment value.
MediXall Group, Inc. (OTC:MDXL) operates in the Information technology services industry.
MediXall Group, Inc. company overviewMediXall Group, Inc.'s most recent stock split was on December 6, 2016. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
MediXall Group, Inc. (OTC:MDXL) has split its stock 4 times: a 1-for-2 reverse split on July 3, 2003, a 1-for-250 reverse split on September 29, 2011, a 1-for-200 reverse split on August 13, 2013, and a 1-for-15 reverse split on December 6, 2016.
MediXall Group, Inc. has split its stock 4 times. This history records 4 reverse splits between July 3, 2003 and December 6, 2016.
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 MediXall Group, Inc.'s 1-for-15 reverse split on December 6, 2016, every 15 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.
MediXall Group, Inc. has not announced a new split in our records. Its most recent split was on December 6, 2016, 9 years ago. Companies announce splits in advance, and any new OTC:MDXL split will appear on this page.