Aug 22, 2014
1:50
For every 50 shares held, investors received 1.
The split itself did not change the total investment value.
SOLAR GOLD LTD (OTC:PLKT) operates in the Financial conglomerates industry.
SOLAR GOLD LTD company overviewSOLAR GOLD LTD's most recent stock split was on August 22, 2014. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
SOLAR GOLD LTD (OTC:PLKT) has split its stock 5 times: a 1-for-10 reverse split on April 17, 2001, a 1-for-100 reverse split on October 1, 2001, a 1-for-10 reverse split on September 19, 2002, a 3-for-2 split on March 8, 2007, and a 1-for-50 reverse split on August 22, 2014.
SOLAR GOLD LTD has split its stock 5 times. This history records 5 splits between April 17, 2001 and August 22, 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 SOLAR GOLD LTD's 1-for-50 reverse split on August 22, 2014, 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.
SOLAR GOLD LTD has not announced a new split in our records. Its most recent split was on August 22, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:PLKT split will appear on this page.