Nov 04, 1999
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Erda Resource Opportunities Inc. (GETTEX:3F9) operates in the Precious metals industry.
Erda Resource Opportunities Inc. company overviewErda Resource Opportunities Inc.'s most recent stock split was on November 4, 1999. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Erda Resource Opportunities Inc. has split its stock once. This history records one reverse split, on November 4, 1999.
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 Erda Resource Opportunities Inc.'s 1-for-2 reverse split on November 4, 1999, 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.
Erda Resource Opportunities Inc. has not announced a new split in our records. Its most recent split was on November 4, 1999, 26 years ago. Companies announce splits in advance, and any new GETTEX:3F9 split will appear on this page.
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