Mar 27, 2024
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Power Metal Resources Plc (GETTEX:2M50) operates in the Other metals/Minerals industry.
Power Metal Resources Plc company overviewPower Metal Resources Plc's most recent stock split was on March 27, 2024. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Power Metal Resources Plc (GETTEX:2M50) has split its stock 2 times: a 1-for-100 reverse split on August 29, 2018 and a 1-for-20 reverse split on March 27, 2024.
Power Metal Resources Plc has split its stock 2 times. This history records 2 reverse splits between August 29, 2018 and March 27, 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 Power Metal Resources Plc's 1-for-20 reverse split on March 27, 2024, every 20 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.
Power Metal Resources Plc has not announced a new split in our records. Its most recent split was on March 27, 2024, 2 years ago. Companies announce splits in advance, and any new GETTEX:2M50 split will appear on this page.
Already premium?