Sep 16, 2008
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
SOHM, Inc. (OTC:SHMN) operates in the Pharmaceuticals: generic industry.
SOHM, Inc. company overviewSOHM, Inc.'s most recent stock split was on September 16, 2008. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
SOHM, Inc. has split its stock once. This history records one reverse split, on September 16, 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 SOHM, Inc.'s 1-for-50 reverse split on September 16, 2008, every 50 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.
SOHM, Inc. has not announced a new split in our records. Its most recent split was on September 16, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:SHMN split will appear on this page.