Nilam Resources, Inc.
OOTC:NILALatest Stock Split
Oct 13, 2008
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.02 to $0.90.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Oct 13, 2008Before$0.02Split ratio1:50After$0.90Reverse
- Mar 16, 2007Before—Split ratio5:1After—Forward
About Nilam Resources, Inc. stock splits
Nilam Resources, Inc. (OTC:NILA) operates in the Precious metals industry.
Nilam Resources, Inc. company overviewWhen did Nilam Resources, Inc. stock split?
Nilam Resources, Inc.'s most recent stock split was on October 13, 2008. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
What is Nilam Resources, Inc.'s stock split history?
Nilam Resources, Inc. (OTC:NILA) has split its stock 2 times: a 5-for-1 split on March 16, 2007 and a 1-for-50 reverse split on October 13, 2008.
How many times has Nilam Resources, Inc. stock split?
Nilam Resources, Inc. has split its stock 2 times. This history records 2 splits between March 16, 2007 and October 13, 2008.
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 Nilam Resources, Inc.'s 1-for-50 reverse split on October 13, 2008, every 50 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.
Will Nilam Resources, Inc. split its stock again?
Nilam Resources, Inc. has not announced a new split in our records. Its most recent split was on October 13, 2008, 18 years ago. Companies announce splits in advance, and any new OTC:NILA split will appear on this page.