Jun 27, 2008
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.00 to $0.10.
The split itself did not change the total investment value.
Southern Home Medical, Inc. (OTC:SHOM) operates in the Medical distributors industry.
Southern Home Medical, Inc. company overviewSouthern Home Medical, Inc.'s most recent stock split was on June 27, 2008. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Southern Home Medical, Inc. (OTC:SHOM) has split its stock 2 times: a 1-for-40 reverse split on December 4, 2006 and a 1-for-1000 reverse split on June 27, 2008.
Southern Home Medical, Inc. has split its stock 2 times. This history records 2 reverse splits between December 4, 2006 and June 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 Southern Home Medical, Inc.'s 1-for-1000 reverse split on June 27, 2008, every 1000 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.
Southern Home Medical, Inc. has not announced a new split in our records. Its most recent split was on June 27, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:SHOM split will appear on this page.