Sep 10, 2018
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $1.95 to $39.00.
The split itself did not change the total investment value.
WELLNESS MATRIX GROUP INC (OTC:WMGR) operates in the Internet software/Services industry.
WELLNESS MATRIX GROUP INC company overviewWELLNESS MATRIX GROUP INC's most recent stock split was on September 10, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
WELLNESS MATRIX GROUP INC has split its stock once. This history records one reverse split, on September 10, 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 WELLNESS MATRIX GROUP INC's 1-for-20 reverse split on September 10, 2018, 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.
WELLNESS MATRIX GROUP INC has not announced a new split in our records. Its most recent split was on September 10, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:WMGR split will appear on this page.