Jul 14, 1993
7:150
For every 150 shares held, investors received 7. The price per share adjusted from $0.25 to $5.36.
The split itself did not change the total investment value.
REUNION INDUSTRIES INC (OTC:RUNI) operates in the Industrial machinery industry.
REUNION INDUSTRIES INC company overviewREUNION INDUSTRIES INC's most recent stock split was on July 14, 1993. It was a 7-for-150 reverse split, so shareholders received 7 shares for every 150 they held.
REUNION INDUSTRIES INC (OTC:RUNI) has split its stock 2 times: a 7-for-150 reverse split on June 29, 1993 and a 7-for-150 reverse split on July 14, 1993.
REUNION INDUSTRIES INC has split its stock 2 times. This history records 2 reverse splits between June 29, 1993 and July 14, 1993.
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 REUNION INDUSTRIES INC's 7-for-150 reverse split on July 14, 1993, every 150 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
REUNION INDUSTRIES INC has not announced a new split in our records. Its most recent split was on July 14, 1993, 33 years ago. Companies announce splits in advance, and any new OTC:RUNI split will appear on this page.