Jun 18, 2013
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.00 to $0.55.
The split itself did not change the total investment value.
MICRO IMAGING TECH INC (OTC:MMTC) operates in the Miscellaneous manufacturing industry.
MICRO IMAGING TECH INC company overviewMICRO IMAGING TECH INC's most recent stock split was on June 18, 2013. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
MICRO IMAGING TECH INC (OTC:MMTC) has split its stock 2 times: a 1-for-10 reverse split on August 22, 1996 and a 1-for-500 reverse split on June 18, 2013.
MICRO IMAGING TECH INC has split its stock 2 times. This history records 2 reverse splits between August 22, 1996 and June 18, 2013.
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 MICRO IMAGING TECH INC's 1-for-500 reverse split on June 18, 2013, every 500 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.
MICRO IMAGING TECH INC has not announced a new split in our records. Its most recent split was on June 18, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:MMTC split will appear on this page.