Jan 20, 2022
4:11
For every 11 shares held, investors received 4. The price per share adjusted from $0.09 to $0.23.
The split itself did not change the total investment value.
Auric Resources Corp (TSXV:RES) operates in the Financial conglomerates industry.
Auric Resources Corp company overviewAuric Resources Corp's most recent stock split was on January 20, 2022. It was a 4-for-11 reverse split, so shareholders received 4 shares for every 11 they held.
Auric Resources Corp (TSXV:RES) has split its stock 2 times: a 233-for-100 split on December 5, 2017 and a 4-for-11 reverse split on January 20, 2022.
Auric Resources Corp has split its stock 2 times. This history records 2 splits between December 5, 2017 and January 20, 2022.
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 Auric Resources Corp's 4-for-11 reverse split on January 20, 2022, every 11 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Auric Resources Corp has not announced a new split in our records. Its most recent split was on January 20, 2022, 4 years ago. Companies announce splits in advance, and any new TSXV:RES split will appear on this page.
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