Aug 25, 2014
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.18.
The split itself did not change the total investment value.
SAGE GOLD INC (OTC:SGGDF) operates in the Investment managers industry.
SAGE GOLD INC company overviewSAGE GOLD INC's most recent stock split was on August 25, 2014. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
SAGE GOLD INC (OTC:SGGDF) has split its stock 2 times: a 1-for-10 reverse split on May 27, 2010 and a 1-for-15 reverse split on August 25, 2014.
SAGE GOLD INC has split its stock 2 times. This history records 2 reverse splits between May 27, 2010 and August 25, 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 SAGE GOLD INC's 1-for-15 reverse split on August 25, 2014, every 15 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.
SAGE GOLD INC has not announced a new split in our records. Its most recent split was on August 25, 2014, 12 years ago. Companies announce splits in advance, and any new OTC:SGGDF split will appear on this page.
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