Jul 18, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.03 to $0.13.
The split itself did not change the total investment value.
Decade Resources Ltd. (NEO:DEC) operates in the Precious metals industry.
Decade Resources Ltd. company overviewDecade Resources Ltd.'s most recent stock split was on July 18, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Decade Resources Ltd. (NEO:DEC) has split its stock 2 times: a 1-for-5 reverse split on October 23, 2013 and a 1-for-5 reverse split on July 18, 2022.
Decade Resources Ltd. has split its stock 2 times. This history records 2 reverse splits between October 23, 2013 and July 18, 2022.
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 Decade Resources Ltd.'s 1-for-5 reverse split on July 18, 2022, every 5 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.
Decade Resources Ltd. has not announced a new split in our records. Its most recent split was on July 18, 2022, 4 years ago. Companies announce splits in advance, and any new NEO:DEC split will appear on this page.
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