Oct 05, 2001
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Garibaldi Resources Corp. (TSXV:GGI) operates in the Precious metals industry.
Garibaldi Resources Corp. company overviewGaribaldi Resources Corp.'s most recent stock split was on October 5, 2001. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Garibaldi Resources Corp. has split its stock once. This history records one reverse split, on October 5, 2001.
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 Garibaldi Resources Corp.'s 1-for-6 reverse split on October 5, 2001, every 6 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.
Garibaldi Resources Corp. has not announced a new split in our records. Its most recent split was on October 5, 2001, 25 years ago. Companies announce splits in advance, and any new TSXV:GGI split will appear on this page.
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