Jan 24, 2023
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.01 to $0.30.
The split itself did not change the total investment value.
Lancaster Resources Inc (CSE:LCR) operates in the Chemicals: agricultural industry.
Lancaster Resources Inc company overviewLancaster Resources Inc's most recent stock split was on January 24, 2023. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
Lancaster Resources Inc (CSE:LCR) has split its stock 2 times: a 1-for-4 reverse split on April 18, 2022 and a 1-for-30 reverse split on January 24, 2023.
Lancaster Resources Inc has split its stock 2 times. This history records 2 reverse splits between April 18, 2022 and January 24, 2023.
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 Lancaster Resources Inc's 1-for-30 reverse split on January 24, 2023, every 30 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.
Lancaster Resources Inc has not announced a new split in our records. Its most recent split was on January 24, 2023, 3 years ago. Companies announce splits in advance, and any new CSE:LCR split will appear on this page.
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