Jun 20, 2014
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Gungnir Resources Inc (NEO:GUG) operates in the Precious metals industry.
Gungnir Resources Inc company overviewGungnir Resources Inc's most recent stock split was on June 20, 2014. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Gungnir Resources Inc (NEO:GUG) has split its stock 2 times: a 1-for-15 reverse split on May 6, 1992 and a 1-for-5 reverse split on June 20, 2014.
Gungnir Resources Inc has split its stock 2 times. This history records 2 reverse splits between May 6, 1992 and June 20, 2014.
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 Gungnir Resources Inc's 1-for-5 reverse split on June 20, 2014, 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.
Gungnir Resources Inc has not announced a new split in our records. Its most recent split was on June 20, 2014, 12 years ago. Companies announce splits in advance, and any new NEO:GUG split will appear on this page.
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