May 27, 2019
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Latin Metals Inc (TSXV:LMS) operates in the Other metals/Minerals industry.
Latin Metals Inc company overviewLatin Metals Inc's most recent stock split was on May 27, 2019. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Latin Metals Inc (TSXV:LMS) has split its stock 3 times: a 1-for-12 reverse split on May 5, 2014, a 1-for-10 reverse split on February 3, 2015, and a 1-for-4 reverse split on May 27, 2019.
Latin Metals Inc has split its stock 3 times. This history records 3 reverse splits between May 5, 2014 and May 27, 2019.
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 Latin Metals Inc's 1-for-4 reverse split on May 27, 2019, every 4 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.
Latin Metals Inc has not announced a new split in our records. Its most recent split was on May 27, 2019, 7 years ago. Companies announce splits in advance, and any new TSXV:LMS split will appear on this page.
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