Nov 15, 2005
2:23
For every 23 shares held, investors received 2.
The split itself did not change the total investment value.
Birks Group Inc. (OTC:BGICF) operates in the Specialty stores industry.
Birks Group Inc. company overviewBirks Group Inc.'s most recent stock split was on November 15, 2005. It was a 2-for-23 reverse split, so shareholders received 2 shares for every 23 they held.
Birks Group Inc. (OTC:BGICF) has split its stock 3 times: a 3-for-2 split on October 18, 1988, a 3-for-2 split on July 25, 1989, and a 2-for-23 reverse split on November 15, 2005.
Birks Group Inc. has split its stock 3 times. This history records 3 splits between October 18, 1988 and November 15, 2005.
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 Birks Group Inc.'s 2-for-23 reverse split on November 15, 2005, every 23 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Birks Group Inc. has not announced a new split in our records. Its most recent split was on November 15, 2005, 20 years ago. Companies announce splits in advance, and any new OTC:BGICF split will appear on this page.
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