May 06, 2024
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.01 to $0.03.
The split itself did not change the total investment value.
New Tymbal Resources Ltd (TSXV:NTB) operates in the Precious metals industry.
New Tymbal Resources Ltd company overviewNew Tymbal Resources Ltd's most recent stock split was on May 6, 2024. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
New Tymbal Resources Ltd (TSXV:NTB) has split its stock 5 times: a 1-for-10 reverse split on April 26, 1999, a 10-for-29 reverse split on October 14, 1999, a 4-for-1 split on July 23, 2007, a 1-for-10 reverse split on September 23, 2019, and a 1-for-3 reverse split on May 6, 2024.
New Tymbal Resources Ltd has split its stock 5 times. This history records 5 splits between April 26, 1999 and May 6, 2024.
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 New Tymbal Resources Ltd's 1-for-3 reverse split on May 6, 2024, every 3 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.
New Tymbal Resources Ltd has not announced a new split in our records. Its most recent split was on May 6, 2024, 2 years ago. Companies announce splits in advance, and any new TSXV:NTB split will appear on this page.
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