Jan 23, 2006
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.01 to $6.00.
The split itself did not change the total investment value.
SARISSA RESOURCES INC (OTC:SRSR) operates in the Other metals/Minerals industry.
SARISSA RESOURCES INC company overviewSARISSA RESOURCES INC's most recent stock split was on January 23, 2006. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
SARISSA RESOURCES INC has split its stock once. This history records one reverse split, on January 23, 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 SARISSA RESOURCES INC's 1-for-1000 reverse split on January 23, 2006, every 1000 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.
SARISSA RESOURCES INC has not announced a new split in our records. Its most recent split was on January 23, 2006, 20 years ago. Companies announce splits in advance, and any new OTC:SRSR split will appear on this page.
Already premium?