Dec 08, 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.
THRESHER INDUSTRIES INC (OTC:THRR) operates in the Metal fabrication industry.
THRESHER INDUSTRIES INC company overviewTHRESHER INDUSTRIES INC's most recent stock split was on December 8, 2010. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
THRESHER INDUSTRIES INC has split its stock once. This history records one reverse split, on December 8, 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 THRESHER INDUSTRIES INC's 1-for-500 reverse split on December 8, 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.
THRESHER INDUSTRIES INC has not announced a new split in our records. Its most recent split was on December 8, 2010, 15 years ago. Companies announce splits in advance, and any new OTC:THRR split will appear on this page.