Apr 27, 2005
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Mountain Top Properties, Inc. (OTC:MTPP) operates in the Real estate development industry.
Mountain Top Properties, Inc. company overviewMountain Top Properties, Inc.'s most recent stock split was on April 27, 2005. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Mountain Top Properties, Inc. has split its stock once. This history records one reverse split, on April 27, 2005.
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 Mountain Top Properties, Inc.'s 1-for-2 reverse split on April 27, 2005, every 2 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.
Mountain Top Properties, Inc. has not announced a new split in our records. Its most recent split was on April 27, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:MTPP split will appear on this page.