Dec 21, 2018
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Pacific Bay Minerals Ltd. (NEO:PBM) operates in the Other metals/Minerals industry.
Pacific Bay Minerals Ltd. company overviewPacific Bay Minerals Ltd.'s most recent stock split was on December 21, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Pacific Bay Minerals Ltd. (NEO:PBM) has split its stock 3 times: a 1-for-3 reverse split on August 29, 2000, a 1-for-5 reverse split on July 9, 2013, and a 1-for-5 reverse split on December 21, 2018.
Pacific Bay Minerals Ltd. has split its stock 3 times. This history records 3 reverse splits between August 29, 2000 and December 21, 2018.
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 Pacific Bay Minerals Ltd.'s 1-for-5 reverse split on December 21, 2018, every 5 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.
Pacific Bay Minerals Ltd. has not announced a new split in our records. Its most recent split was on December 21, 2018, 7 years ago. Companies announce splits in advance, and any new NEO:PBM split will appear on this page.
Already premium?