Jun 22, 2001
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Strategic Metals Ltd. (TSXV:SMD) operates in the Precious metals industry.
Strategic Metals Ltd. company overviewStrategic Metals Ltd.'s most recent stock split was on June 22, 2001. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Strategic Metals Ltd. has split its stock once. This history records one reverse split, on June 22, 2001.
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 Strategic Metals Ltd.'s 1-for-4 reverse split on June 22, 2001, every 4 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.
Strategic Metals Ltd. has not announced a new split in our records. Its most recent split was on June 22, 2001, 25 years ago. Companies announce splits in advance, and any new TSXV:SMD split will appear on this page.
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