Apr 17, 2013
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Mineral and Financial Investments Ltd (LSE:MAFL) operates in the Investment trusts industry.
Mineral and Financial Investments Ltd company overviewMineral and Financial Investments Ltd's most recent stock split was on April 17, 2013. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Mineral and Financial Investments Ltd has split its stock once. This history records one reverse split, on April 17, 2013.
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 Mineral and Financial Investments Ltd's 1-for-100 reverse split on April 17, 2013, every 100 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.
Mineral and Financial Investments Ltd has not announced a new split in our records. Its most recent split was on April 17, 2013, 13 years ago. Companies announce splits in advance, and any new LSE:MAFL split will appear on this page.
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