Jul 26, 2016
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Providence Gold Mines Inc (NEO:PHD) operates in the Precious metals industry.
Providence Gold Mines Inc company overviewProvidence Gold Mines Inc's most recent stock split was on July 26, 2016. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Providence Gold Mines Inc has split its stock once. This history records one reverse split, on July 26, 2016.
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 Providence Gold Mines Inc's 1-for-2 reverse split on July 26, 2016, every 2 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.
Providence Gold Mines Inc has not announced a new split in our records. Its most recent split was on July 26, 2016, 10 years ago. Companies announce splits in advance, and any new NEO:PHD split will appear on this page.
Already premium?