Dec 22, 2015
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.01 to $0.31.
The split itself did not change the total investment value.
Red Rock Resources plc (LSE:RRR) operates in the Precious metals industry.
Red Rock Resources plc company overviewRed Rock Resources plc's most recent stock split was on December 22, 2015. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Red Rock Resources plc has split its stock once. This history records one reverse split, on December 22, 2015.
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 Red Rock Resources plc's 1-for-25 reverse split on December 22, 2015, 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.
Red Rock Resources plc has not announced a new split in our records. Its most recent split was on December 22, 2015, 10 years ago. Companies announce splits in advance, and any new LSE:RRR split will appear on this page.
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