Aug 05, 2014
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.02 to $0.16.
The split itself did not change the total investment value.
Tuktu Resources Ltd (TSXV:TUK) operates in the Other metals/Minerals industry.
Tuktu Resources Ltd company overviewTuktu Resources Ltd's most recent stock split was on August 5, 2014. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Tuktu Resources Ltd (TSXV:TUK) has split its stock 2 times: a 1-for-8 reverse split on July 16, 2014 and a 1-for-8 reverse split on August 5, 2014.
Tuktu Resources Ltd has split its stock 2 times. This history records 2 reverse splits between July 16, 2014 and August 5, 2014.
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 Tuktu Resources Ltd's 1-for-8 reverse split on August 5, 2014, every 8 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.
Tuktu Resources Ltd has not announced a new split in our records. Its most recent split was on August 5, 2014, 12 years ago. Companies announce splits in advance, and any new TSXV:TUK split will appear on this page.
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