Mar 27, 2008
1:100
For every 100 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.
PLATEAU MINERAL DEV INC (OTC:PMDP) operates in the Engineering & construction industry.
PLATEAU MINERAL DEV INC company overviewPLATEAU MINERAL DEV INC's most recent stock split was on March 27, 2008. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
PLATEAU MINERAL DEV INC (OTC:PMDP) has split its stock 4 times: a 1-for-25 reverse split on May 12, 1992, a 1-for-10 reverse split on May 29, 2007, a 1-for-20 reverse split on August 30, 2007, and a 1-for-100 reverse split on March 27, 2008.
PLATEAU MINERAL DEV INC has split its stock 4 times. This history records 4 reverse splits between May 12, 1992 and March 27, 2008.
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 PLATEAU MINERAL DEV INC's 1-for-100 reverse split on March 27, 2008, every 100 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.
PLATEAU MINERAL DEV INC has not announced a new split in our records. Its most recent split was on March 27, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:PMDP split will appear on this page.