MPM TECHNOLOGIES INC
OOTC:MPMLLatest Stock Split
Jun 18, 1998
1:9
For every 9 shares held, investors received 1. The price per share adjusted from $0.50 to $4.50.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jun 18, 1998Before$0.50Split ratio1:9After$4.50Reverse
About MPM TECHNOLOGIES INC stock splits
MPM TECHNOLOGIES INC (OTC:MPML) operates in the Wholesale distributors industry.
MPM TECHNOLOGIES INC company overviewWhen did MPM TECHNOLOGIES INC stock split?
MPM TECHNOLOGIES INC's most recent stock split was on June 18, 1998. It was a 1-for-9 reverse split, so shareholders received 1 share for every 9 they held.
How many times has MPM TECHNOLOGIES INC stock split?
MPM TECHNOLOGIES INC has split its stock once. This history records one reverse split, on June 18, 1998.
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 MPM TECHNOLOGIES INC's 1-for-9 reverse split on June 18, 1998, every 9 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 MPM TECHNOLOGIES INC split its stock again?
MPM TECHNOLOGIES INC has not announced a new split in our records. Its most recent split was on June 18, 1998, 28 years ago. Companies announce splits in advance, and any new OTC:MPML split will appear on this page.