Sep 11, 2018
1:125
For every 125 shares held, investors received 1. The price per share adjusted from $0.00 to $0.11.
The split itself did not change the total investment value.
Umax Group Corp (OTC:UMAX) operates in the Packaged software industry.
Umax Group Corp company overviewUmax Group Corp's most recent stock split was on September 11, 2018. It was a 1-for-125 reverse split, so shareholders received 1 share for every 125 they held.
Umax Group Corp (OTC:UMAX) has split its stock 2 times: a 40-for-1 split on August 31, 2012 and a 1-for-125 reverse split on September 11, 2018.
Umax Group Corp has split its stock 2 times. This history records 2 splits between August 31, 2012 and September 11, 2018.
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 Umax Group Corp's 1-for-125 reverse split on September 11, 2018, every 125 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.
Umax Group Corp has not announced a new split in our records. Its most recent split was on September 11, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:UMAX split will appear on this page.