Nov 08, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.18 to $1.84.
The split itself did not change the total investment value.
MRC Allied, Inc. (PSE:MRC) operates in the Alternative power generation industry.
MRC Allied, Inc. company overviewMRC Allied, Inc.'s most recent stock split was on November 8, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
MRC Allied, Inc. has split its stock once. This history records one reverse split, on November 8, 2023.
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 MRC Allied, Inc.'s 1-for-10 reverse split on November 8, 2023, 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.
MRC Allied, Inc. has not announced a new split in our records. Its most recent split was on November 8, 2023, 2 years ago. Companies announce splits in advance, and any new PSE:MRC split will appear on this page.
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