Sep 11, 2017
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Green Shift Commodities Ltd (NEO:GCOM) operates in the Other metals/Minerals industry.
Green Shift Commodities Ltd company overviewGreen Shift Commodities Ltd's most recent stock split was on September 11, 2017. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Green Shift Commodities Ltd has split its stock once. This history records one reverse split, on September 11, 2017.
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 Green Shift Commodities Ltd's 1-for-20 reverse split on September 11, 2017, every 20 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.
Green Shift Commodities Ltd has not announced a new split in our records. Its most recent split was on September 11, 2017, 9 years ago. Companies announce splits in advance, and any new NEO:GCOM split will appear on this page.
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