Sep 03, 2008
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Royalties, Inc. (CSE:RI) operates in the Precious metals industry.
Royalties, Inc. company overviewRoyalties, Inc.'s most recent stock split was on September 3, 2008. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Royalties, Inc. has split its stock once. This history records one reverse split, on September 3, 2008.
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 Royalties, Inc.'s 1-for-2 reverse split on September 3, 2008, every 2 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.
Royalties, Inc. has not announced a new split in our records. Its most recent split was on September 3, 2008, 18 years ago. Companies announce splits in advance, and any new CSE:RI split will appear on this page.
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