Sep 12, 2008
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
WORLD AM INC (OTC:WOAM) operates in the Electronic equipment/Instruments industry.
WORLD AM INC company overviewWORLD AM INC's most recent stock split was on September 12, 2008. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
WORLD AM INC (OTC:WOAM) has split its stock 5 times: a 1-for-4 reverse split on February 10, 2000, a 1-for-30 reverse split on December 1, 2000, a 1-for-100 reverse split on January 21, 2005, a 3-for-2 split on August 16, 2005, and a 1-for-10 reverse split on September 12, 2008.
WORLD AM INC has split its stock 5 times. This history records 5 splits between February 10, 2000 and September 12, 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 WORLD AM INC's 1-for-10 reverse split on September 12, 2008, every 10 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.
WORLD AM INC has not announced a new split in our records. Its most recent split was on September 12, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:WOAM split will appear on this page.