Mar 08, 2006
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Salazar Resources Limited (NEO:SRL) operates in the Other metals/Minerals industry.
Salazar Resources Limited company overviewSalazar Resources Limited's most recent stock split was on March 8, 2006. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Salazar Resources Limited (NEO:SRL) has split its stock 2 times: a 1-for-15 reverse split on October 1, 2003 and a 1-for-2 reverse split on March 8, 2006.
Salazar Resources Limited has split its stock 2 times. This history records 2 reverse splits between October 1, 2003 and March 8, 2006.
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 Salazar Resources Limited's 1-for-2 reverse split on March 8, 2006, 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.
Salazar Resources Limited has not announced a new split in our records. Its most recent split was on March 8, 2006, 20 years ago. Companies announce splits in advance, and any new NEO:SRL split will appear on this page.
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