Jul 02, 2014
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Oceanic Iron Ore Corp. (NEO:FEO) operates in the Steel industry.
Oceanic Iron Ore Corp. company overviewOceanic Iron Ore Corp.'s most recent stock split was on July 2, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Oceanic Iron Ore Corp. (NEO:FEO) has split its stock 2 times: a 1-for-2 reverse split on October 21, 2002 and a 1-for-10 reverse split on July 2, 2014.
Oceanic Iron Ore Corp. has split its stock 2 times. This history records 2 reverse splits between October 21, 2002 and July 2, 2014.
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 Oceanic Iron Ore Corp.'s 1-for-10 reverse split on July 2, 2014, 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.
Oceanic Iron Ore Corp. has not announced a new split in our records. Its most recent split was on July 2, 2014, 12 years ago. Companies announce splits in advance, and any new NEO:FEO split will appear on this page.
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