Mar 15, 2013
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.53 to $1.06.
The split itself did not change the total investment value.
LKA GOLD INC (OTC:LKAI) operates in the Precious metals industry.
LKA GOLD INC company overviewLKA GOLD INC's most recent stock split was on March 15, 2013. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
LKA GOLD INC has split its stock once. This history records one reverse split, on March 15, 2013.
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 LKA GOLD INC's 1-for-2 reverse split on March 15, 2013, 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.
LKA GOLD INC has not announced a new split in our records. Its most recent split was on March 15, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:LKAI split will appear on this page.