Jan 12, 2004
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Prism Resources Inc. (TSXV:PRS.H) operates in the Precious metals industry.
Prism Resources Inc. company overviewPrism Resources Inc.'s most recent stock split was on January 12, 2004. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Prism Resources Inc. has split its stock once. This history records one reverse split, on January 12, 2004.
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 Prism Resources Inc.'s 1-for-2 reverse split on January 12, 2004, every 2 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.
Prism Resources Inc. has not announced a new split in our records. Its most recent split was on January 12, 2004, 22 years ago. Companies announce splits in advance, and any new TSXV:PRS.H split will appear on this page.
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