Feb 03, 1999
1:7
For every 7 shares held, investors received 1.
The split itself did not change the total investment value.
Fortuna Mining Corp. (TSX:FVI) operates in the Precious metals industry.
Fortuna Mining Corp. company overviewFortuna Mining Corp.'s most recent stock split was on February 3, 1999. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Fortuna Mining Corp. has split its stock once. This history records one reverse split, on February 3, 1999.
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 Fortuna Mining Corp.'s 1-for-7 reverse split on February 3, 1999, every 7 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.
Fortuna Mining Corp. has not announced a new split in our records. Its most recent split was on February 3, 1999, 27 years ago. Companies announce splits in advance, and any new TSX:FVI split will appear on this page.
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