Apr 01, 2009
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Metalex Ventures Ltd. (NEO:MTX) operates in the Other metals/Minerals industry.
Metalex Ventures Ltd. company overviewMetalex Ventures Ltd.'s most recent stock split was on April 1, 2009. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Metalex Ventures Ltd. (NEO:MTX) has split its stock 3 times: a 5-for-26 reverse split on March 31, 1997, a 2-for-1 split on November 6, 2002, and a 1-for-10 reverse split on April 1, 2009.
Metalex Ventures Ltd. has split its stock 3 times. This history records 3 splits between March 31, 1997 and April 1, 2009.
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 Metalex Ventures Ltd.'s 1-for-10 reverse split on April 1, 2009, 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.
Metalex Ventures Ltd. has not announced a new split in our records. Its most recent split was on April 1, 2009, 17 years ago. Companies announce splits in advance, and any new NEO:MTX split will appear on this page.
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