Jun 15, 2020
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.15 to $15.00.
The split itself did not change the total investment value.
Morgan Group Holding Co. (OTC:MGHL) operates in the Investment banks/Brokers industry.
Morgan Group Holding Co. company overviewMorgan Group Holding Co.'s most recent stock split was on June 15, 2020. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Morgan Group Holding Co. has split its stock once. This history records one reverse split, on June 15, 2020.
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 Morgan Group Holding Co.'s 1-for-100 reverse split on June 15, 2020, every 100 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.
Morgan Group Holding Co. has not announced a new split in our records. Its most recent split was on June 15, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:MGHL split will appear on this page.