Nov 20, 2019
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.05 to $0.18.
The split itself did not change the total investment value.
Macarthur Minerals Ltd. (OTC:MMSDF) operates in the Other metals/Minerals industry.
Macarthur Minerals Ltd. company overviewMacarthur Minerals Ltd.'s most recent stock split was on November 20, 2019. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Macarthur Minerals Ltd. (OTC:MMSDF) has split its stock 4 times: a 2-for-5 reverse split on October 25, 2002, a 1-for-10 reverse split on July 7, 2005, a 19-for-18 split on October 27, 2017, and a 1-for-4 reverse split on November 20, 2019.
Macarthur Minerals Ltd. has split its stock 4 times. This history records 4 splits between October 25, 2002 and November 20, 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 Macarthur Minerals Ltd.'s 1-for-4 reverse split on November 20, 2019, 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.
Macarthur Minerals Ltd. has not announced a new split in our records. Its most recent split was on November 20, 2019, 6 years ago. Companies announce splits in advance, and any new OTC:MMSDF split will appear on this page.
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