Jun 07, 2005
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.08 to $1.60.
The split itself did not change the total investment value.
Remedent, Inc. (OTC:REMI) operates in the Household/Personal care industry.
Remedent, Inc. company overviewRemedent, Inc.'s most recent stock split was on June 7, 2005. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Remedent, Inc. (OTC:REMI) has split its stock 2 times: a 1-for-50 reverse split on December 10, 1997 and a 1-for-20 reverse split on June 7, 2005.
Remedent, Inc. has split its stock 2 times. This history records 2 reverse splits between December 10, 1997 and June 7, 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 Remedent, Inc.'s 1-for-20 reverse split on June 7, 2005, every 20 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.
Remedent, Inc. has not announced a new split in our records. Its most recent split was on June 7, 2005, 21 years ago. Companies announce splits in advance, and any new OTC:REMI split will appear on this page.
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