Aug 29, 2011
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Norsemont Mining Inc. (NEO:NOM) operates in the Precious metals industry.
Norsemont Mining Inc. company overviewNorsemont Mining Inc.'s most recent stock split was on August 29, 2011. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Norsemont Mining Inc. (NEO:NOM) has split its stock 2 times: a 1-for-3 reverse split on September 22, 2008 and a 1-for-3 reverse split on August 29, 2011.
Norsemont Mining Inc. has split its stock 2 times. This history records 2 reverse splits between September 22, 2008 and August 29, 2011.
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 Norsemont Mining Inc.'s 1-for-3 reverse split on August 29, 2011, 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.
Norsemont Mining Inc. has not announced a new split in our records. Its most recent split was on August 29, 2011, 15 years ago. Companies announce splits in advance, and any new NEO:NOM split will appear on this page.
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