Oct 28, 2020
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Grounded Lithium Corp (NEO:GRD) operates in the Other metals/Minerals industry.
Grounded Lithium Corp company overviewGrounded Lithium Corp's most recent stock split was on October 28, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Grounded Lithium Corp (NEO:GRD) has split its stock 3 times: a 1-for-10 reverse split on June 17, 2008, a 1-for-3 reverse split on June 13, 2013, and a 1-for-10 reverse split on October 28, 2020.
Grounded Lithium Corp has split its stock 3 times. This history records 3 reverse splits between June 17, 2008 and October 28, 2020.
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 Grounded Lithium Corp's 1-for-10 reverse split on October 28, 2020, 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.
Grounded Lithium Corp has not announced a new split in our records. Its most recent split was on October 28, 2020, 5 years ago. Companies announce splits in advance, and any new NEO:GRD split will appear on this page.
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