Sep 11, 2017
2:7
For every 7 shares held, investors received 2. The price per share adjusted from $0.13 to $0.46.
The split itself did not change the total investment value.
Sharc International Systems Inc (CSE:SHRC) operates in the Building products industry.
Sharc International Systems Inc company overviewSharc International Systems Inc's most recent stock split was on September 11, 2017. It was a 2-for-7 reverse split, so shareholders received 2 shares for every 7 they held.
Sharc International Systems Inc has split its stock once. This history records one reverse split, on September 11, 2017.
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 Sharc International Systems Inc's 2-for-7 reverse split on September 11, 2017, every 7 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Sharc International Systems Inc has not announced a new split in our records. Its most recent split was on September 11, 2017, 9 years ago. Companies announce splits in advance, and any new CSE:SHRC split will appear on this page.
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