Dec 07, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $5.63 to $56.25.
The split itself did not change the total investment value.
Mila Resources Plc (LSE:MILA) operates in the Precious metals industry.
Mila Resources Plc company overviewMila Resources Plc's most recent stock split was on December 7, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Mila Resources Plc has split its stock once. This history records one reverse split, on December 7, 2016.
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 Mila Resources Plc's 1-for-10 reverse split on December 7, 2016, every 10 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.
Mila Resources Plc has not announced a new split in our records. Its most recent split was on December 7, 2016, 9 years ago. Companies announce splits in advance, and any new LSE:MILA split will appear on this page.
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