Nov 18, 2024
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.09 to $0.42.
The split itself did not change the total investment value.
Fredonia Mining, Inc. (TSXV:FRED) operates in the Financial conglomerates industry.
Fredonia Mining, Inc. company overviewFredonia Mining, Inc.'s most recent stock split was on November 18, 2024. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Fredonia Mining, Inc. (TSXV:FRED) has split its stock 2 times: a 25-for-34 reverse split on July 16, 2021 and a 1-for-5 reverse split on November 18, 2024.
Fredonia Mining, Inc. has split its stock 2 times. This history records 2 reverse splits between July 16, 2021 and November 18, 2024.
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 Fredonia Mining, Inc.'s 1-for-5 reverse split on November 18, 2024, 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.
Fredonia Mining, Inc. has not announced a new split in our records. Its most recent split was on November 18, 2024, 1 year ago. Companies announce splits in advance, and any new TSXV:FRED split will appear on this page.
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