Nov 23, 2011
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.15 to $5.97.
The split itself did not change the total investment value.
PONIARD PHARMACEUT (OTC:PARD) operates in the Biotechnology industry.
PONIARD PHARMACEUT company overviewPONIARD PHARMACEUT's most recent stock split was on November 23, 2011. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
PONIARD PHARMACEUT (OTC:PARD) has split its stock 3 times: a 1-for-4 reverse split on December 14, 1993, a 1-for-6 reverse split on September 25, 2006, and a 1-for-40 reverse split on November 23, 2011.
PONIARD PHARMACEUT has split its stock 3 times. This history records 3 reverse splits between December 14, 1993 and November 23, 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 PONIARD PHARMACEUT's 1-for-40 reverse split on November 23, 2011, every 40 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.
PONIARD PHARMACEUT has not announced a new split in our records. Its most recent split was on November 23, 2011, 14 years ago. Companies announce splits in advance, and any new OTC:PARD split will appear on this page.