Aug 06, 2009
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $0.86 to $6.06.
The split itself did not change the total investment value.
PUDA COAL INC (OTC:PUDA) operates in the Wholesale distributors industry.
PUDA COAL INC company overviewPUDA COAL INC's most recent stock split was on August 6, 2009. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
PUDA COAL INC (OTC:PUDA) has split its stock 2 times: a 1-for-10 reverse split on September 8, 2005 and a 1-for-7 reverse split on August 6, 2009.
PUDA COAL INC has split its stock 2 times. This history records 2 reverse splits between September 8, 2005 and August 6, 2009.
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 PUDA COAL INC's 1-for-7 reverse split on August 6, 2009, every 7 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.
PUDA COAL INC has not announced a new split in our records. Its most recent split was on August 6, 2009, 17 years ago. Companies announce splits in advance, and any new OTC:PUDA split will appear on this page.
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