Aug 20, 2020
1:7
For every 7 shares held, investors received 1.
The split itself did not change the total investment value.
Magna Terra Minerals Inc (NEO:MTT) operates in the Precious metals industry.
Magna Terra Minerals Inc company overviewMagna Terra Minerals Inc's most recent stock split was on August 20, 2020. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Magna Terra Minerals Inc has split its stock once. This history records one reverse split, on August 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 Magna Terra Minerals Inc's 1-for-7 reverse split on August 20, 2020, every 7 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.
Magna Terra Minerals Inc has not announced a new split in our records. Its most recent split was on August 20, 2020, 6 years ago. Companies announce splits in advance, and any new NEO:MTT split will appear on this page.
Already premium?