Apr 09, 2014
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Iconic Minerals Ltd (NEO:ICM) operates in the Chemicals: agricultural industry.
Iconic Minerals Ltd company overviewIconic Minerals Ltd's most recent stock split was on April 9, 2014. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Iconic Minerals Ltd (NEO:ICM) has split its stock 2 times: a 1-for-10 reverse split on March 3, 2011 and a 1-for-4 reverse split on April 9, 2014.
Iconic Minerals Ltd has split its stock 2 times. This history records 2 reverse splits between March 3, 2011 and April 9, 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 Iconic Minerals Ltd's 1-for-4 reverse split on April 9, 2014, 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.
Iconic Minerals Ltd has not announced a new split in our records. Its most recent split was on April 9, 2014, 12 years ago. Companies announce splits in advance, and any new NEO:ICM split will appear on this page.
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