Jul 12, 2013
1:2
For every 2 shares held, investors received 1. The price per share adjusted from $0.60 to $1.20.
The split itself did not change the total investment value.
SOVEREIGN LITHIUM INC (OTC:SLCO) operates in the Chemicals: agricultural industry.
SOVEREIGN LITHIUM INC company overviewSOVEREIGN LITHIUM INC's most recent stock split was on July 12, 2013. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
SOVEREIGN LITHIUM INC (OTC:SLCO) has split its stock 3 times: a 80-for-1 split on August 31, 2011, a 80-for-1 split on September 15, 2011, and a 1-for-2 reverse split on July 12, 2013.
SOVEREIGN LITHIUM INC has split its stock 3 times. This history records 3 splits between August 31, 2011 and July 12, 2013.
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 SOVEREIGN LITHIUM INC's 1-for-2 reverse split on July 12, 2013, every 2 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.
SOVEREIGN LITHIUM INC has not announced a new split in our records. Its most recent split was on July 12, 2013, 13 years ago. Companies announce splits in advance, and any new OTC:SLCO split will appear on this page.