Mar 08, 2002
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Amerigo Resources Ltd (GETTEX:RE8) operates in the Other metals/Minerals industry.
Amerigo Resources Ltd company overviewAmerigo Resources Ltd's most recent stock split was on March 8, 2002. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Amerigo Resources Ltd (GETTEX:RE8) has split its stock 2 times: a 1-for-5 reverse split on March 15, 1996 and a 1-for-4 reverse split on March 8, 2002.
Amerigo Resources Ltd has split its stock 2 times. This history records 2 reverse splits between March 15, 1996 and March 8, 2002.
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 Amerigo Resources Ltd's 1-for-4 reverse split on March 8, 2002, every 4 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.
Amerigo Resources Ltd has not announced a new split in our records. Its most recent split was on March 8, 2002, 24 years ago. Companies announce splits in advance, and any new GETTEX:RE8 split will appear on this page.
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