Jun 06, 2011
1:800
For every 800 shares held, investors received 1. The price per share adjusted from $0.00 to $0.08.
The split itself did not change the total investment value.
MedSmart Group Inc. (OTC:MSGP) operates in the Medical/Nursing services industry.
MedSmart Group Inc. company overviewMedSmart Group Inc.'s most recent stock split was on June 6, 2011. It was a 1-for-800 reverse split, so shareholders received 1 share for every 800 they held.
MedSmart Group Inc. has split its stock once. This history records one reverse split, on June 6, 2011.
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 MedSmart Group Inc.'s 1-for-800 reverse split on June 6, 2011, every 800 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.
MedSmart Group Inc. has not announced a new split in our records. Its most recent split was on June 6, 2011, 15 years ago. Companies announce splits in advance, and any new OTC:MSGP split will appear on this page.