Oct 26, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.03 to $0.25.
The split itself did not change the total investment value.
Grid Metals Corp. (TSXV:GRDM) operates in the Other metals/Minerals industry.
Grid Metals Corp. company overviewGrid Metals Corp.'s most recent stock split was on October 26, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Grid Metals Corp. has split its stock once. This history records one reverse split, on October 26, 2017.
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 Grid Metals Corp.'s 1-for-10 reverse split on October 26, 2017, 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.
Grid Metals Corp. has not announced a new split in our records. Its most recent split was on October 26, 2017, 8 years ago. Companies announce splits in advance, and any new TSXV:GRDM split will appear on this page.
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