Feb 17, 2015
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.05.
The split itself did not change the total investment value.
Rochester Resources Ltd (TSXV:RCT) operates in the Precious metals industry.
Rochester Resources Ltd company overviewRochester Resources Ltd's most recent stock split was on February 17, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Rochester Resources Ltd (TSXV:RCT) has split its stock 3 times: a 1-for-10 reverse split on December 30, 2002, a 1-for-10 reverse split on August 25, 2005, and a 1-for-10 reverse split on February 17, 2015.
Rochester Resources Ltd has split its stock 3 times. This history records 3 reverse splits between December 30, 2002 and February 17, 2015.
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 Rochester Resources Ltd's 1-for-10 reverse split on February 17, 2015, every 10 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.
Rochester Resources Ltd has not announced a new split in our records. Its most recent split was on February 17, 2015, 11 years ago. Companies announce splits in advance, and any new TSXV:RCT split will appear on this page.
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