Future Metals NL
Latest Stock Split
Jun 08, 2021
7:50
For every 50 shares held, investors received 7.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Jun 08, 2021Before—Split ratio7:50After—Reverse
About Future Metals NL stock splits
Future Metals NL (OTC:FMELF) operates in the Precious metals industry.
Future Metals NL company overviewWhen did Future Metals NL stock split?
Future Metals NL's most recent stock split was on June 8, 2021. It was a 7-for-50 reverse split, so shareholders received 7 shares for every 50 they held.
How many times has Future Metals NL stock split?
Future Metals NL has split its stock once. This history records one reverse split, on June 8, 2021.
What is a reverse stock split?
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 Future Metals NL's 7-for-50 reverse split on June 8, 2021, every 50 shares became 7 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Future Metals NL split its stock again?
Future Metals NL has not announced a new split in our records. Its most recent split was on June 8, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:FMELF split will appear on this page.