Oct 22, 2019
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.13 to $2.50.
The split itself did not change the total investment value.
Primorus Investments PLC (LSE:PRIM) operates in the Precious metals industry.
Primorus Investments PLC company overviewPrimorus Investments PLC's most recent stock split was on October 22, 2019. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Primorus Investments PLC (LSE:PRIM) has split its stock 2 times: a 77-for-75 split on March 21, 2002 and a 1-for-20 reverse split on October 22, 2019.
Primorus Investments PLC has split its stock 2 times. This history records 2 splits between March 21, 2002 and October 22, 2019.
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 Primorus Investments PLC's 1-for-20 reverse split on October 22, 2019, every 20 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.
Primorus Investments PLC has not announced a new split in our records. Its most recent split was on October 22, 2019, 7 years ago. Companies announce splits in advance, and any new LSE:PRIM split will appear on this page.
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