Jun 28, 2018
1:553
For every 553 shares held, investors received 1. The price per share adjusted from $0.00 to $0.88.
The split itself did not change the total investment value.
ROYAL STANDARD MINERALS INC (OTC:RYSMF) operates in the Precious metals industry.
ROYAL STANDARD MINERALS INC company overviewROYAL STANDARD MINERALS INC's most recent stock split was on June 28, 2018. It was a 1-for-553 reverse split, so shareholders received 1 share for every 553 they held.
ROYAL STANDARD MINERALS INC has split its stock once. This history records one reverse split, on June 28, 2018.
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 ROYAL STANDARD MINERALS INC's 1-for-553 reverse split on June 28, 2018, every 553 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.
ROYAL STANDARD MINERALS INC has not announced a new split in our records. Its most recent split was on June 28, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:RYSMF split will appear on this page.
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