Apr 15, 2021
403:1000
For every 1000 shares held, investors received 403.
The split itself did not change the total investment value.
Graphene Manufacturing Group Ltd (TSXV:GMG) operates in the Electrical products industry.
Graphene Manufacturing Group Ltd company overviewGraphene Manufacturing Group Ltd's most recent stock split was on April 15, 2021. It was a 403-for-1000 reverse split, so shareholders received 403 shares for every 1000 they held.
Graphene Manufacturing Group Ltd has split its stock once. This history records one reverse split, on April 15, 2021.
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 Graphene Manufacturing Group Ltd's 403-for-1000 reverse split on April 15, 2021, every 1000 shares became 403 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Graphene Manufacturing Group Ltd has not announced a new split in our records. Its most recent split was on April 15, 2021, 5 years ago. Companies announce splits in advance, and any new TSXV:GMG split will appear on this page.
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