Jun 09, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.06 to $0.55.
The split itself did not change the total investment value.
Lavras Gold Corp (NEO:LGC) operates in the Precious metals industry.
Lavras Gold Corp company overviewLavras Gold Corp's most recent stock split was on June 9, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lavras Gold Corp has split its stock once. This history records one reverse split, on June 9, 2022.
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 Lavras Gold Corp's 1-for-10 reverse split on June 9, 2022, 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.
Lavras Gold Corp has not announced a new split in our records. Its most recent split was on June 9, 2022, 4 years ago. Companies announce splits in advance, and any new NEO:LGC split will appear on this page.
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