Jan 12, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Montego Resources, Inc. (CSE:MY) operates in the Precious metals industry.
Montego Resources, Inc. company overviewMontego Resources, Inc.'s most recent stock split was on January 12, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Montego Resources, Inc. (CSE:MY) has split its stock 2 times: a 1-for-10 reverse split on February 2, 2017 and a 1-for-10 reverse split on January 12, 2023.
Montego Resources, Inc. has split its stock 2 times. This history records 2 reverse splits between February 2, 2017 and January 12, 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 Montego Resources, Inc.'s 1-for-10 reverse split on January 12, 2023, 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.
Montego Resources, Inc. has not announced a new split in our records. Its most recent split was on January 12, 2023, 3 years ago. Companies announce splits in advance, and any new CSE:MY split will appear on this page.
Already premium?