InvestorsHub Logo
Followers 37
Posts 6628
Boards Moderated 3
Alias Born 05/06/2014

Re: mwebb1514 post# 142111

Monday, 06/21/2021 6:41:26 AM

Monday, June 21, 2021 6:41:26 AM

Post# of 144817
You do realized when there is a reverse split, the authorized shares remain the same, only the outstanding reduces. So, no matter what the ratio is for a reverse split the authorized stays at 50 billion.


Reverse
stock splits don't affect the number of authorized shares, but a forward stock split issues new stock from the company's authorized shares.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent PMCB News