Sep 27, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $3.90 to $39.00.
The split itself did not change the total investment value.
MedCap AB (STO:MCAP) operates in the Medical specialties industry.
MedCap AB company overviewMedCap AB's most recent stock split was on September 27, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
MedCap AB (STO:MCAP) has split its stock 3 times: a 74-for-67 split on March 8, 2005, a 41-for-35 split on April 21, 2006, and a 1-for-10 reverse split on September 27, 2016.
MedCap AB has split its stock 3 times. This history records 3 splits between March 8, 2005 and September 27, 2016.
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 MedCap AB's 1-for-10 reverse split on September 27, 2016, 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.
MedCap AB has not announced a new split in our records. Its most recent split was on September 27, 2016, 10 years ago. Companies announce splits in advance, and any new STO:MCAP split will appear on this page.
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