Aug 26, 2019
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Mongolian Mining Corporation (GETTEX:29X2) operates in the Coal industry.
Mongolian Mining Corporation company overviewMongolian Mining Corporation's most recent stock split was on August 26, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mongolian Mining Corporation (GETTEX:29X2) has split its stock 2 times: a 25-for-17 split on November 26, 2014 and a 1-for-10 reverse split on August 26, 2019.
Mongolian Mining Corporation has split its stock 2 times. This history records 2 splits between November 26, 2014 and August 26, 2019.
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 Mongolian Mining Corporation's 1-for-10 reverse split on August 26, 2019, 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.
Mongolian Mining Corporation has not announced a new split in our records. Its most recent split was on August 26, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:29X2 split will appear on this page.
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