Feb 15, 2019
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.05 to $0.20.
The split itself did not change the total investment value.
Paloma Resources Inc. (TSXV:PLO.H) operates in the Oil & gas production industry.
Paloma Resources Inc. company overviewPaloma Resources Inc.'s most recent stock split was on February 15, 2019. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Paloma Resources Inc. (TSXV:PLO.H) has split its stock 2 times: a 1-for-5 reverse split on February 25, 2004 and a 1-for-4 reverse split on February 15, 2019.
Paloma Resources Inc. has split its stock 2 times. This history records 2 reverse splits between February 25, 2004 and February 15, 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 Paloma Resources Inc.'s 1-for-4 reverse split on February 15, 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.
Paloma Resources Inc. has not announced a new split in our records. Its most recent split was on February 15, 2019, 7 years ago. Companies announce splits in advance, and any new TSXV:PLO.H split will appear on this page.
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