Sep 22, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.
The split itself did not change the total investment value.
DFR Gold inc (TSXV:DFR) operates in the Other metals/Minerals industry.
DFR Gold inc company overviewDFR Gold inc's most recent stock split was on September 22, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
DFR Gold inc (TSXV:DFR) has split its stock 2 times: a 1-for-5 reverse split on September 25, 2008 and a 1-for-5 reverse split on September 22, 2016.
DFR Gold inc has split its stock 2 times. This history records 2 reverse splits between September 25, 2008 and September 22, 2016.
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 DFR Gold inc's 1-for-5 reverse split on September 22, 2016, 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.
DFR Gold inc has not announced a new split in our records. Its most recent split was on September 22, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:DFR split will appear on this page.
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