Jun 02, 2015
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.24.
The split itself did not change the total investment value.
Focus Minerals Ltd (GETTEX:FZA) operates in the Precious metals industry.
Focus Minerals Ltd company overviewFocus Minerals Ltd's most recent stock split was on June 2, 2015. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Focus Minerals Ltd has split its stock once. This history records one reverse split, on June 2, 2015.
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 Focus Minerals Ltd's 1-for-50 reverse split on June 2, 2015, every 50 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.
Focus Minerals Ltd has not announced a new split in our records. Its most recent split was on June 2, 2015, 11 years ago. Companies announce splits in advance, and any new GETTEX:FZA split will appear on this page.
Already premium?