Jan 07, 2019
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.03 to $0.13.
The split itself did not change the total investment value.
Pacific Bay Minerals Ltd. (TSXV:PBM) operates in the Other metals/Minerals industry.
Pacific Bay Minerals Ltd. company overviewPacific Bay Minerals Ltd.'s most recent stock split was on January 7, 2019. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Pacific Bay Minerals Ltd. (TSXV:PBM) has split its stock 3 times: a 1-for-3 reverse split on August 29, 2000, a 1-for-5 reverse split on July 9, 2013, and a 1-for-5 reverse split on January 7, 2019.
Pacific Bay Minerals Ltd. has split its stock 3 times. This history records 3 reverse splits between August 29, 2000 and January 7, 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 Pacific Bay Minerals Ltd.'s 1-for-5 reverse split on January 7, 2019, every 5 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.
Pacific Bay Minerals Ltd. has not announced a new split in our records. Its most recent split was on January 7, 2019, 7 years ago. Companies announce splits in advance, and any new TSXV:PBM split will appear on this page.
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