Feb 28, 2018
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
First Tellurium Corp (NEO:FTEL) operates in the Precious metals industry.
First Tellurium Corp company overviewFirst Tellurium Corp's most recent stock split was on February 28, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
First Tellurium Corp (NEO:FTEL) has split its stock 2 times: a 1-for-10 reverse split on May 14, 2014 and a 1-for-5 reverse split on February 28, 2018.
First Tellurium Corp has split its stock 2 times. This history records 2 reverse splits between May 14, 2014 and February 28, 2018.
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 First Tellurium Corp's 1-for-5 reverse split on February 28, 2018, 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.
First Tellurium Corp has not announced a new split in our records. Its most recent split was on February 28, 2018, 8 years ago. Companies announce splits in advance, and any new NEO:FTEL split will appear on this page.
Already premium?