Tower Resources Ltd.
Latest Stock Split
Sep 20, 2011
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.09 to $0.34.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 20, 2011Before$0.09Split ratio1:4After$0.34Reverse
- Jun 09, 1999Before—Split ratio1:5After—Reverse
About Tower Resources Ltd. stock splits
Tower Resources Ltd. (TSXV:TWR) operates in the Precious metals industry.
Tower Resources Ltd. company overviewWhen did Tower Resources Ltd. stock split?
Tower Resources Ltd.'s most recent stock split was on September 20, 2011. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
What is Tower Resources Ltd.'s stock split history?
Tower Resources Ltd. (TSXV:TWR) has split its stock 2 times: a 1-for-5 reverse split on June 9, 1999 and a 1-for-4 reverse split on September 20, 2011.
How many times has Tower Resources Ltd. stock split?
Tower Resources Ltd. has split its stock 2 times. This history records 2 reverse splits between June 9, 1999 and September 20, 2011.
What is a reverse stock split?
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 Tower Resources Ltd.'s 1-for-4 reverse split on September 20, 2011, 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.
Will Tower Resources Ltd. split its stock again?
Tower Resources Ltd. has not announced a new split in our records. Its most recent split was on September 20, 2011, 15 years ago. Companies announce splits in advance, and any new TSXV:TWR split will appear on this page.