Nov 09, 2012
20:157
For every 157 shares held, investors received 20.
The split itself did not change the total investment value.
Morien Resources Corp. (TSXV:MOX) operates in the Coal industry.
Morien Resources Corp. company overviewMorien Resources Corp.'s most recent stock split was on November 9, 2012. It was a 20-for-157 reverse split, so shareholders received 20 shares for every 157 they held.
Morien Resources Corp. (TSXV:MOX) has split its stock 2 times: a 1-for-7 reverse split on December 18, 2009 and a 20-for-157 reverse split on November 9, 2012.
Morien Resources Corp. has split its stock 2 times. This history records 2 reverse splits between December 18, 2009 and November 9, 2012.
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 Morien Resources Corp.'s 20-for-157 reverse split on November 9, 2012, every 157 shares became 20 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Morien Resources Corp. has not announced a new split in our records. Its most recent split was on November 9, 2012, 13 years ago. Companies announce splits in advance, and any new TSXV:MOX split will appear on this page.
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