May 13, 2010
1:250
For every 250 shares held, investors received 1. The price per share adjusted from $0.01 to $2.38.
The split itself did not change the total investment value.
Tap Resources, Inc. (OTC:TAPP) operates in the Other metals/Minerals industry.
Tap Resources, Inc. company overviewTap Resources, Inc.'s most recent stock split was on May 13, 2010. It was a 1-for-250 reverse split, so shareholders received 1 share for every 250 they held.
Tap Resources, Inc. (OTC:TAPP) has split its stock 2 times: a 45-for-1 split on June 3, 2009 and a 1-for-250 reverse split on May 13, 2010.
Tap Resources, Inc. has split its stock 2 times. This history records 2 splits between June 3, 2009 and May 13, 2010.
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 Tap Resources, Inc.'s 1-for-250 reverse split on May 13, 2010, every 250 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.
Tap Resources, Inc. has not announced a new split in our records. Its most recent split was on May 13, 2010, 16 years ago. Companies announce splits in advance, and any new OTC:TAPP split will appear on this page.