Dec 01, 2010
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Lundin Gold Inc. (GETTEX:F1YN) operates in the Precious metals industry.
Lundin Gold Inc. company overviewLundin Gold Inc.'s most recent stock split was on December 1, 2010. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Lundin Gold Inc. (GETTEX:F1YN) has split its stock 2 times: a 10-for-27 reverse split on November 3, 1997 and a 1-for-20 reverse split on December 1, 2010.
Lundin Gold Inc. has split its stock 2 times. This history records 2 reverse splits between November 3, 1997 and December 1, 2010.
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 Lundin Gold Inc.'s 1-for-20 reverse split on December 1, 2010, 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.
Lundin Gold Inc. has not announced a new split in our records. Its most recent split was on December 1, 2010, 15 years ago. Companies announce splits in advance, and any new GETTEX:F1YN split will appear on this page.
Already premium?