Nov 07, 2024
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.
Newfoundland Discovery Corp (CSE:NEWD) operates in the Precious metals industry.
Newfoundland Discovery Corp company overviewNewfoundland Discovery Corp's most recent stock split was on November 7, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Newfoundland Discovery Corp (CSE:NEWD) has split its stock 5 times: a 1-for-5 reverse split on July 18, 2000, a 1-for-10 reverse split on June 17, 2010, a 1-for-3 reverse split on April 16, 2013, a 1-for-4 reverse split on December 13, 2019, and a 1-for-10 reverse split on November 7, 2024.
Newfoundland Discovery Corp has split its stock 5 times. This history records 5 reverse splits between July 18, 2000 and November 7, 2024.
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 Newfoundland Discovery Corp's 1-for-10 reverse split on November 7, 2024, 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.
Newfoundland Discovery Corp has not announced a new split in our records. Its most recent split was on November 7, 2024, 1 year ago. Companies announce splits in advance, and any new CSE:NEWD split will appear on this page.
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