Nov 18, 2015
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Gold Finder Resources Ltd. (NEO:GLD) operates in the Precious metals industry.
Gold Finder Resources Ltd. company overviewGold Finder Resources Ltd.'s most recent stock split was on November 18, 2015. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Gold Finder Resources Ltd. (NEO:GLD) has split its stock 4 times: a 1-for-3 reverse split on July 8, 1998, a 1-for-3 reverse split on May 3, 2002, a 1-for-5 reverse split on March 7, 2013, and a 1-for-5 reverse split on November 18, 2015.
Gold Finder Resources Ltd. has split its stock 4 times. This history records 4 reverse splits between July 8, 1998 and November 18, 2015.
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 Gold Finder Resources Ltd.'s 1-for-5 reverse split on November 18, 2015, 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.
Gold Finder Resources Ltd. has not announced a new split in our records. Its most recent split was on November 18, 2015, 10 years ago. Companies announce splits in advance, and any new NEO:GLD split will appear on this page.
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