Admar Group Plans a 1-for-5 Reverse Split of Its Stock
ORANGE —
The Admar Group Inc., a provider of managed health care services, said Tuesday that it plans a one-for-five reverse stock split to make shares in the company more marketable.
The over-the-counter stock has been trading around 62.5 cents per share. With a price five times than that amount, the stock should be more attractive to larger brokers, said Ann Rebollo, a company spokeswoman.
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