Mar 21, 2016
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Homerun Resources Inc. (NEO:HMR) operates in the Environmental services industry.
Homerun Resources Inc. company overviewHomerun Resources Inc.'s most recent stock split was on March 21, 2016. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Homerun Resources Inc. (NEO:HMR) has split its stock 3 times: a 1-for-2 reverse split on July 2, 2008, a 1-for-2 reverse split on December 4, 2013, and a 1-for-4 reverse split on March 21, 2016.
Homerun Resources Inc. has split its stock 3 times. This history records 3 reverse splits between July 2, 2008 and March 21, 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 Homerun Resources Inc.'s 1-for-4 reverse split on March 21, 2016, every 4 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.
Homerun Resources Inc. has not announced a new split in our records. Its most recent split was on March 21, 2016, 10 years ago. Companies announce splits in advance, and any new NEO:HMR split will appear on this page.
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