May 19, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.15.
The split itself did not change the total investment value.
Ultra Brands Ltd (CSE:ULTA) operates in the Real estate development industry.
Ultra Brands Ltd company overviewUltra Brands Ltd's most recent stock split was on May 19, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Ultra Brands Ltd (CSE:ULTA) has split its stock 2 times: a 1-for-4 reverse split on March 15, 2021 and a 1-for-10 reverse split on May 19, 2022.
Ultra Brands Ltd has split its stock 2 times. This history records 2 reverse splits between March 15, 2021 and May 19, 2022.
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 Ultra Brands Ltd's 1-for-10 reverse split on May 19, 2022, every 10 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.
Ultra Brands Ltd has not announced a new split in our records. Its most recent split was on May 19, 2022, 4 years ago. Companies announce splits in advance, and any new CSE:ULTA split will appear on this page.
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