Mar 06, 1997
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.25 to $5.00.
The split itself did not change the total investment value.
DynaResource, Inc. (OTC:DYNR) operates in the Precious metals industry.
DynaResource, Inc. company overviewDynaResource, Inc.'s most recent stock split was on March 6, 1997. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
DynaResource, Inc. has split its stock once. This history records one reverse split, on March 6, 1997.
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 DynaResource, Inc.'s 1-for-4 reverse split on March 6, 1997, every 4 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.
DynaResource, Inc. has not announced a new split in our records. Its most recent split was on March 6, 1997, 29 years ago. Companies announce splits in advance, and any new OTC:DYNR split will appear on this page.