Aug 22, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.04 to $0.35.
The split itself did not change the total investment value.
Goldcliff Resource Corporation (NEO:GCN) operates in the Precious metals industry.
Goldcliff Resource Corporation company overviewGoldcliff Resource Corporation's most recent stock split was on August 22, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Goldcliff Resource Corporation has split its stock once. This history records one reverse split, on August 22, 2016.
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 Goldcliff Resource Corporation's 1-for-10 reverse split on August 22, 2016, 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.
Goldcliff Resource Corporation has not announced a new split in our records. Its most recent split was on August 22, 2016, 10 years ago. Companies announce splits in advance, and any new NEO:GCN split will appear on this page.
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