Jul 20, 2020
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.07 to $0.21.
The split itself did not change the total investment value.
Lake Victoria Gold Ltd (NEO:LVG) operates in the Precious metals industry.
Lake Victoria Gold Ltd company overviewLake Victoria Gold Ltd's most recent stock split was on July 20, 2020. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Lake Victoria Gold Ltd (NEO:LVG) has split its stock 4 times: a 2-for-1 split on December 11, 2002, a 2-for-1 split on February 11, 2004, a 1-for-18 reverse split on September 26, 2011, and a 1-for-3 reverse split on July 20, 2020.
Lake Victoria Gold Ltd has split its stock 4 times. This history records 4 splits between December 11, 2002 and July 20, 2020.
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 Lake Victoria Gold Ltd's 1-for-3 reverse split on July 20, 2020, every 3 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.
Lake Victoria Gold Ltd has not announced a new split in our records. Its most recent split was on July 20, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:LVG split will appear on this page.
Already premium?