Jun 20, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.08 to $0.80.
The split itself did not change the total investment value.
Ranchero Gold Corp (TSXV:RNCH) operates in the Financial conglomerates industry.
Ranchero Gold Corp company overviewRanchero Gold Corp's most recent stock split was on June 20, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Ranchero Gold Corp (TSXV:RNCH) has split its stock 4 times: a 1-for-5 reverse split on January 28, 1999, a 5-for-18 reverse split on February 21, 2003, a 1-for-7 reverse split on June 14, 2007, and a 1-for-10 reverse split on June 20, 2018.
Ranchero Gold Corp has split its stock 4 times. This history records 4 reverse splits between January 28, 1999 and June 20, 2018.
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 Ranchero Gold Corp's 1-for-10 reverse split on June 20, 2018, 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.
Ranchero Gold Corp has not announced a new split in our records. Its most recent split was on June 20, 2018, 8 years ago. Companies announce splits in advance, and any new TSXV:RNCH split will appear on this page.
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