Jun 30, 2014
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.02 to $0.20.
The split itself did not change the total investment value.
GMV Minerals Inc (TSXV:GMV) operates in the Precious metals industry.
GMV Minerals Inc company overviewGMV Minerals Inc's most recent stock split was on June 30, 2014. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
GMV Minerals Inc (TSXV:GMV) has split its stock 2 times: a 1-for-2 reverse split on April 28, 2010 and a 1-for-10 reverse split on June 30, 2014.
GMV Minerals Inc has split its stock 2 times. This history records 2 reverse splits between April 28, 2010 and June 30, 2014.
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 GMV Minerals Inc's 1-for-10 reverse split on June 30, 2014, every 10 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.
GMV Minerals Inc has not announced a new split in our records. Its most recent split was on June 30, 2014, 12 years ago. Companies announce splits in advance, and any new TSXV:GMV split will appear on this page.
Already premium?