Jul 06, 2016
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Hannan Metals Ltd. (GETTEX:C8MQ) operates in the Precious metals industry.
Hannan Metals Ltd. company overviewHannan Metals Ltd.'s most recent stock split was on July 6, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Hannan Metals Ltd. (GETTEX:C8MQ) has split its stock 4 times: a 1-for-4 reverse split on June 3, 2004, a 1-for-10 reverse split on January 6, 2012, a 1-for-2 reverse split on October 15, 2013, and a 1-for-2 reverse split on July 6, 2016.
Hannan Metals Ltd. has split its stock 4 times. This history records 4 reverse splits between June 3, 2004 and July 6, 2016.
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 Hannan Metals Ltd.'s 1-for-2 reverse split on July 6, 2016, 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.
Hannan Metals Ltd. has not announced a new split in our records. Its most recent split was on July 6, 2016, 10 years ago. Companies announce splits in advance, and any new GETTEX:C8MQ split will appear on this page.
Already premium?