Jul 05, 2019
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
Power Metallic Mines Inc. (GETTEX:IVV1) operates in the Other metals/Minerals industry.
Power Metallic Mines Inc. company overviewPower Metallic Mines Inc.'s most recent stock split was on July 5, 2019. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Power Metallic Mines Inc. (GETTEX:IVV1) has split its stock 3 times: a 1-for-10 reverse split on February 28, 2014, a 1-for-4 reverse split on May 18, 2018, and a 2-for-5 reverse split on July 5, 2019.
Power Metallic Mines Inc. has split its stock 3 times. This history records 3 reverse splits between February 28, 2014 and July 5, 2019.
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 Metallic Mines Inc.'s 2-for-5 reverse split on July 5, 2019, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Power Metallic Mines Inc. has not announced a new split in our records. Its most recent split was on July 5, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:IVV1 split will appear on this page.
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