Aug 30, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Stroud Resources Ltd. (NEO:SDR) operates in the Precious metals industry.
Stroud Resources Ltd. company overviewStroud Resources Ltd.'s most recent stock split was on August 30, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Stroud Resources Ltd. has split its stock once. This history records one reverse split, on August 30, 2019.
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 Stroud Resources Ltd.'s 1-for-10 reverse split on August 30, 2019, 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.
Stroud Resources Ltd. has not announced a new split in our records. Its most recent split was on August 30, 2019, 7 years ago. Companies announce splits in advance, and any new NEO:SDR split will appear on this page.
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