Mar 07, 2018
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
NEO Battery Materials Ltd (GETTEX:1BC) operates in the Precious metals industry.
NEO Battery Materials Ltd company overviewNEO Battery Materials Ltd's most recent stock split was on March 7, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
NEO Battery Materials Ltd (GETTEX:1BC) has split its stock 3 times: a 1-for-10 reverse split on November 5, 2012, a 1-for-5 reverse split on February 29, 2016, and a 1-for-2 reverse split on March 7, 2018.
NEO Battery Materials Ltd has split its stock 3 times. This history records 3 reverse splits between November 5, 2012 and March 7, 2018.
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 NEO Battery Materials Ltd's 1-for-2 reverse split on March 7, 2018, every 2 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.
NEO Battery Materials Ltd has not announced a new split in our records. Its most recent split was on March 7, 2018, 8 years ago. Companies announce splits in advance, and any new GETTEX:1BC split will appear on this page.
Already premium?