Oct 31, 2019
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $2.80 to $56.00.
The split itself did not change the total investment value.
Transglobe Foods Ltd. (BSE:TRANSFD) operates in the Food: specialty/candy industry.
Transglobe Foods Ltd. company overviewTransglobe Foods Ltd.'s most recent stock split was on October 31, 2019. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Transglobe Foods Ltd. has split its stock once. This history records one reverse split, on October 31, 2019.
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 Transglobe Foods Ltd.'s 1-for-20 reverse split on October 31, 2019, every 20 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.
Transglobe Foods Ltd. has not announced a new split in our records. Its most recent split was on October 31, 2019, 6 years ago. Companies announce splits in advance, and any new BSE:TRANSFD split will appear on this page.
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