Feb 01, 2021
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Nexus Industrial REIT (FRA:J6D) operates in the Real estate investment trusts industry.
Nexus Industrial REIT company overviewNexus Industrial REIT's most recent stock split was on February 1, 2021. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Nexus Industrial REIT (FRA:J6D) has split its stock 2 times: a 1-for-20 reverse split on January 17, 2014 and a 1-for-4 reverse split on February 1, 2021.
Nexus Industrial REIT has split its stock 2 times. This history records 2 reverse splits between January 17, 2014 and February 1, 2021.
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 Nexus Industrial REIT's 1-for-4 reverse split on February 1, 2021, every 4 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.
Nexus Industrial REIT has not announced a new split in our records. Its most recent split was on February 1, 2021, 5 years ago. Companies announce splits in advance, and any new FRA:J6D split will appear on this page.
Already premium?