Apr 11, 2006
1:90
For every 90 shares held, investors received 1. The price per share adjusted from $0.00 to $0.27.
The split itself did not change the total investment value.
MONARCH STAFFING INC (OTC:MSTF) operates in the Services to the health industry industry.
MONARCH STAFFING INC company overviewMONARCH STAFFING INC's most recent stock split was on April 11, 2006. It was a 1-for-90 reverse split, so shareholders received 1 share for every 90 they held.
MONARCH STAFFING INC (OTC:MSTF) has split its stock 3 times: a 80-for-1 split on September 2, 2003, a 1-for-4 reverse split on September 29, 2003, and a 1-for-90 reverse split on April 11, 2006.
MONARCH STAFFING INC has split its stock 3 times. This history records 3 splits between September 2, 2003 and April 11, 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 MONARCH STAFFING INC's 1-for-90 reverse split on April 11, 2006, every 90 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.
MONARCH STAFFING INC has not announced a new split in our records. Its most recent split was on April 11, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:MSTF split will appear on this page.