Jun 29, 2020
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
First Growth Funds Ltd. (CSE:FGFL) operates in the Miscellaneous industry.
First Growth Funds Ltd. company overviewFirst Growth Funds Ltd.'s most recent stock split was on June 29, 2020. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
First Growth Funds Ltd. has split its stock once. This history records one reverse split, on June 29, 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 First Growth Funds Ltd.'s 1-for-20 reverse split on June 29, 2020, 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.
First Growth Funds Ltd. has not announced a new split in our records. Its most recent split was on June 29, 2020, 6 years ago. Companies announce splits in advance, and any new CSE:FGFL split will appear on this page.
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