MODERN TECHNOLOGY CORP
OOTC:MODCLatest Stock Split
May 15, 2006
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.22.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- May 15, 2006Before$0.01Split ratio1:20After$0.22Reverse
About MODERN TECHNOLOGY CORP stock splits
MODERN TECHNOLOGY CORP (OTC:MODC) operates in the Biotechnology industry.
MODERN TECHNOLOGY CORP company overviewWhen did MODERN TECHNOLOGY CORP stock split?
MODERN TECHNOLOGY CORP's most recent stock split was on May 15, 2006. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
How many times has MODERN TECHNOLOGY CORP stock split?
MODERN TECHNOLOGY CORP has split its stock once. This history records one reverse split, on May 15, 2006.
What is a reverse stock split?
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 MODERN TECHNOLOGY CORP's 1-for-20 reverse split on May 15, 2006, every 20 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.
Will MODERN TECHNOLOGY CORP split its stock again?
MODERN TECHNOLOGY CORP has not announced a new split in our records. Its most recent split was on May 15, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:MODC split will appear on this page.