Jul 13, 2021
1:60
For every 60 shares held, investors received 1. The price per share adjusted from $0.05 to $3.24.
The split itself did not change the total investment value.
G-Resources Group Limited (HKEX:1051) operates in the Financial conglomerates industry.
G-Resources Group Limited company overviewG-Resources Group Limited's most recent stock split was on July 13, 2021. It was a 1-for-60 reverse split, so shareholders received 1 share for every 60 they held.
G-Resources Group Limited (HKEX:1051) has split its stock 9 times: a 15-for-8 split on September 21, 1995, a 6-for-5 split on September 19, 1996, a 12-for-7 split on September 22, 1997, a 1-for-2 reverse split on June 14, 2000, a 1-for-40 reverse split on November 29, 2001, a 1-for-6 reverse split on April 18, 2006, a 1-for-10 reverse split on June 15, 2009, a 189-for-167 split on September 3, 2013, and a 1-for-60 reverse split on July 13, 2021.
G-Resources Group Limited has split its stock 9 times. This history records 9 splits between September 21, 1995 and July 13, 2021.
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 G-Resources Group Limited's 1-for-60 reverse split on July 13, 2021, every 60 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.
G-Resources Group Limited has not announced a new split in our records. Its most recent split was on July 13, 2021, 5 years ago. Companies announce splits in advance, and any new HKEX:1051 split will appear on this page.
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