Jul 12, 2012
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.05 to $5.00.
The split itself did not change the total investment value.
Zhen Ding Resources Inc. (OTC:RBTK) operates in the Precious metals industry.
Zhen Ding Resources Inc. company overviewZhen Ding Resources Inc.'s most recent stock split was on July 12, 2012. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Zhen Ding Resources Inc. has split its stock once. This history records one reverse split, on July 12, 2012.
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 Zhen Ding Resources Inc.'s 1-for-100 reverse split on July 12, 2012, every 100 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.
Zhen Ding Resources Inc. has not announced a new split in our records. Its most recent split was on July 12, 2012, 14 years ago. Companies announce splits in advance, and any new OTC:RBTK split will appear on this page.
Already premium?