Feb 01, 2019
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Psyched Wellness Ltd (CSE:PSYC) operates in the Precious metals industry.
Psyched Wellness Ltd company overviewPsyched Wellness Ltd's most recent stock split was on February 1, 2019. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Psyched Wellness Ltd has split its stock once. This history records one reverse split, on February 1, 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 Psyched Wellness Ltd's 1-for-40 reverse split on February 1, 2019, every 40 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.
Psyched Wellness Ltd has not announced a new split in our records. Its most recent split was on February 1, 2019, 7 years ago. Companies announce splits in advance, and any new CSE:PSYC split will appear on this page.
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