Jan 16, 2020
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.16.
The split itself did not change the total investment value.
VERT INFRASTRUCTURE LTD (OTC:CRXPF) operates in the Real estate development industry.
VERT INFRASTRUCTURE LTD company overviewVERT INFRASTRUCTURE LTD's most recent stock split was on January 16, 2020. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
VERT INFRASTRUCTURE LTD has split its stock once. This history records one reverse split, on January 16, 2020.
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 VERT INFRASTRUCTURE LTD's 1-for-15 reverse split on January 16, 2020, every 15 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.
VERT INFRASTRUCTURE LTD has not announced a new split in our records. Its most recent split was on January 16, 2020, 6 years ago. Companies announce splits in advance, and any new OTC:CRXPF split will appear on this page.
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