Sep 07, 2006
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.02 to $0.20.
The split itself did not change the total investment value.
Reno Gold Corp. (OTC:RNGG) operates in the Precious metals industry.
Reno Gold Corp. company overviewReno Gold Corp.'s most recent stock split was on September 7, 2006. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Reno Gold Corp. has split its stock once. This history records one reverse split, on September 7, 2006.
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 Reno Gold Corp.'s 1-for-10 reverse split on September 7, 2006, every 10 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.
Reno Gold Corp. has not announced a new split in our records. Its most recent split was on September 7, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:RNGG split will appear on this page.
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