Oct 27, 2017
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.04 to $0.45.
The split itself did not change the total investment value.
Remington Resources Inc. (TSXV:RGM.H) operates in the Precious metals industry.
Remington Resources Inc. company overviewRemington Resources Inc.'s most recent stock split was on October 27, 2017. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Remington Resources Inc. (TSXV:RGM.H) has split its stock 2 times: a 1-for-4 reverse split on February 3, 2011 and a 1-for-10 reverse split on October 27, 2017.
Remington Resources Inc. has split its stock 2 times. This history records 2 reverse splits between February 3, 2011 and October 27, 2017.
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 Remington Resources Inc.'s 1-for-10 reverse split on October 27, 2017, 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.
Remington Resources Inc. has not announced a new split in our records. Its most recent split was on October 27, 2017, 8 years ago. Companies announce splits in advance, and any new TSXV:RGM.H split will appear on this page.
Already premium?