Psychemedics Corp.
OOTC:PMDILatest Stock Split
Aug 01, 2002
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $11.48 to $45.92.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Aug 01, 2002Before$11.48Split ratio1:4After$45.92Reverse
- Jun 19, 1996Before$30.10Split ratio103:100After$29.22Forward
About Psychemedics Corp. stock splits
Psychemedics Corp. (OTC:PMDI) operates in the Services to the health industry industry.
Psychemedics Corp. company overviewWhen did Psychemedics Corp. stock split?
Psychemedics Corp.'s most recent stock split was on August 1, 2002. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
What is Psychemedics Corp.'s stock split history?
Psychemedics Corp. (OTC:PMDI) has split its stock 2 times: a 103-for-100 split on June 19, 1996 and a 1-for-4 reverse split on August 1, 2002.
How many times has Psychemedics Corp. stock split?
Psychemedics Corp. has split its stock 2 times. This history records 2 splits between June 19, 1996 and August 1, 2002.
What is a reverse stock split?
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 Psychemedics Corp.'s 1-for-4 reverse split on August 1, 2002, every 4 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.
Will Psychemedics Corp. split its stock again?
Psychemedics Corp. has not announced a new split in our records. Its most recent split was on August 1, 2002, 24 years ago. Companies announce splits in advance, and any new OTC:PMDI split will appear on this page.