Dec 22, 2017
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.27 to $6.75.
The split itself did not change the total investment value.
Karelian Diamond Resources Plc (LSE:KDR) operates in the Other metals/Minerals industry.
Karelian Diamond Resources Plc company overviewKarelian Diamond Resources Plc's most recent stock split was on December 22, 2017. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Karelian Diamond Resources Plc has split its stock once. This history records one reverse split, on December 22, 2017.
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 Karelian Diamond Resources Plc's 1-for-25 reverse split on December 22, 2017, every 25 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.
Karelian Diamond Resources Plc has not announced a new split in our records. Its most recent split was on December 22, 2017, 8 years ago. Companies announce splits in advance, and any new LSE:KDR split will appear on this page.
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