Nov 04, 2010
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
THERMA-MED INC (OTC:THRA) operates in the Other metals/Minerals industry.
THERMA-MED INC company overviewTHERMA-MED INC's most recent stock split was on November 4, 2010. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
THERMA-MED INC (OTC:THRA) has split its stock 5 times: a 1-for-5 reverse split on December 28, 1993, a 1-for-1000 reverse split on November 9, 2005, a 1-for-25 reverse split on May 3, 2007, a 1-for-100 reverse split on January 29, 2009, and a 1-for-500 reverse split on November 4, 2010.
THERMA-MED INC has split its stock 5 times. This history records 5 reverse splits between December 28, 1993 and November 4, 2010.
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 THERMA-MED INC's 1-for-500 reverse split on November 4, 2010, every 500 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.
THERMA-MED INC has not announced a new split in our records. Its most recent split was on November 4, 2010, 15 years ago. Companies announce splits in advance, and any new OTC:THRA split will appear on this page.