Adex Mining Inc.

Adex Mining Inc.

0.09
CAD
+0.00
(-5.56%)
94.81MMarket Cap

Latest Stock Split

Jul 19, 1996

1:5

For every 5 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Jul 19, 1996
    Before—
    Split ratio1:5
    After—
    Reverse

About Adex Mining Inc. stock splits

Adex Mining Inc. (TSXV:ADE) operates in the Steel industry.

Adex Mining Inc. company overview

When did Adex Mining Inc. stock split?

Adex Mining Inc.'s most recent stock split was on July 19, 1996. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

How many times has Adex Mining Inc. stock split?

Adex Mining Inc. has split its stock once. This history records one reverse split, on July 19, 1996.

What is a reverse stock split?

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 Adex Mining Inc.'s 1-for-5 reverse split on July 19, 1996, every 5 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.

Will Adex Mining Inc. split its stock again?

Adex Mining Inc. has not announced a new split in our records. Its most recent split was on July 19, 1996, 30 years ago. Companies announce splits in advance, and any new TSXV:ADE split will appear on this page.