May 18, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.07 to $0.35.
The split itself did not change the total investment value.
Vantex Resources Ltd. (TSXV:VAX) operates in the Precious metals industry.
Vantex Resources Ltd. company overviewVantex Resources Ltd.'s most recent stock split was on May 18, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Vantex Resources Ltd. (TSXV:VAX) has split its stock 3 times: a 1-for-6 reverse split on November 26, 2009, a 1-for-10 reverse split on February 2, 2017, and a 1-for-5 reverse split on May 18, 2018.
Vantex Resources Ltd. has split its stock 3 times. This history records 3 reverse splits between November 26, 2009 and May 18, 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 Vantex Resources Ltd.'s 1-for-5 reverse split on May 18, 2018, 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.
Vantex Resources Ltd. has not announced a new split in our records. Its most recent split was on May 18, 2018, 8 years ago. Companies announce splits in advance, and any new TSXV:VAX split will appear on this page.
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