Mar 17, 2011
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Rathdowney Resources Ltd. (TSXV:RTH) operates in the Other metals/Minerals industry.
Rathdowney Resources Ltd. company overviewRathdowney Resources Ltd.'s most recent stock split was on March 17, 2011. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Rathdowney Resources Ltd. has split its stock once. This history records one reverse split, on March 17, 2011.
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 Rathdowney Resources Ltd.'s 1-for-5 reverse split on March 17, 2011, every 5 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.
Rathdowney Resources Ltd. has not announced a new split in our records. Its most recent split was on March 17, 2011, 15 years ago. Companies announce splits in advance, and any new TSXV:RTH split will appear on this page.
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