Jan 23, 2014
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Labrador Gold Corp (NEO:LAB) operates in the Precious metals industry.
Labrador Gold Corp company overviewLabrador Gold Corp's most recent stock split was on January 23, 2014. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Labrador Gold Corp (NEO:LAB) has split its stock 2 times: a 1-for-5 reverse split on June 4, 1996 and a 1-for-5 reverse split on January 23, 2014.
Labrador Gold Corp has split its stock 2 times. This history records 2 reverse splits between June 4, 1996 and January 23, 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 Labrador Gold Corp's 1-for-5 reverse split on January 23, 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.
Labrador Gold Corp has not announced a new split in our records. Its most recent split was on January 23, 2014, 12 years ago. Companies announce splits in advance, and any new NEO:LAB split will appear on this page.
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