May 30, 2014
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $1.14 to $3.42.
The split itself did not change the total investment value.
Yangarra Resources Ltd. (TSX:YGR) operates in the Oil & gas production industry.
Yangarra Resources Ltd. company overviewYangarra Resources Ltd.'s most recent stock split was on May 30, 2014. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Yangarra Resources Ltd. (TSX:YGR) has split its stock 3 times: a 1-for-4 reverse split on July 21, 2003, a 1-for-5 reverse split on April 30, 2010, and a 1-for-3 reverse split on May 30, 2014.
Yangarra Resources Ltd. has split its stock 3 times. This history records 3 reverse splits between July 21, 2003 and May 30, 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 Yangarra Resources Ltd.'s 1-for-3 reverse split on May 30, 2014, every 3 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.
Yangarra Resources Ltd. has not announced a new split in our records. Its most recent split was on May 30, 2014, 12 years ago. Companies announce splits in advance, and any new TSX:YGR split will appear on this page.
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