December 30th - $BEDFORD METALS CORP (URGYF.US)$ is about to implement a 11-for-5 stock split of shares. The shares will begin trading on a split-adjusted basis from January 3rd, 2024.
$BEDFORD METALS CORP (URGYF.US)$ closed at $0.163 on December 29th . $BEDFORD METALS CORP (URGYF.US)$ now has a total market capitalization of $1.05 million.
What Is a Stock Split?
A stock split happens when a company increases the number of its shares to boost the stock's liquidity. Although the number of shares outstanding increases by a specific multiple, the total value of all shares outstanding remains the same because a split does not fundamentally change the company's value.
Note:
The company's actual implementation is subject to the final disclosure submitted to the exchange. The information provided herein is for reference only.