Feb 23, 2006
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.44.
The split itself did not change the total investment value.
MOTION PICTURE GROUP INC (OTC:MPRG) operates in the Movies/Entertainment industry.
MOTION PICTURE GROUP INC company overviewMOTION PICTURE GROUP INC's most recent stock split was on February 23, 2006. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
MOTION PICTURE GROUP INC (OTC:MPRG) has split its stock 3 times: a 1-for-3 reverse split on August 26, 1992, a 1-for-100 reverse split on August 11, 2004, and a 1-for-20 reverse split on February 23, 2006.
MOTION PICTURE GROUP INC has split its stock 3 times. This history records 3 reverse splits between August 26, 1992 and February 23, 2006.
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 MOTION PICTURE GROUP INC's 1-for-20 reverse split on February 23, 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.
MOTION PICTURE GROUP INC has not announced a new split in our records. Its most recent split was on February 23, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:MPRG split will appear on this page.