Oct 31, 2014
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Wealth Minerals Ltd. (NEO:WML) operates in the Other metals/Minerals industry.
Wealth Minerals Ltd. company overviewWealth Minerals Ltd.'s most recent stock split was on October 31, 2014. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Wealth Minerals Ltd. (NEO:WML) has split its stock 3 times: a 1-for-5 reverse split on August 22, 2001, a 1-for-4 reverse split on January 15, 2004, and a 1-for-4 reverse split on October 31, 2014.
Wealth Minerals Ltd. has split its stock 3 times. This history records 3 reverse splits between August 22, 2001 and October 31, 2014.
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 Wealth Minerals Ltd.'s 1-for-4 reverse split on October 31, 2014, every 4 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.
Wealth Minerals Ltd. has not announced a new split in our records. Its most recent split was on October 31, 2014, 11 years ago. Companies announce splits in advance, and any new NEO:WML split will appear on this page.
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