Sep 21, 2015
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Loop Industries, Inc. (NASDAQ:LOOP) operates in the Chemicals: specialty industry.
Loop Industries, Inc. company overviewLoop Industries, Inc.'s most recent stock split was on September 21, 2015. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Loop Industries, Inc. (NASDAQ:LOOP) has split its stock 2 times: a 50-for-1 split on March 12, 2014 and a 1-for-4 reverse split on September 21, 2015.
Loop Industries, Inc. has split its stock 2 times. This history records 2 splits between March 12, 2014 and September 21, 2015.
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 Loop Industries, Inc.'s 1-for-4 reverse split on September 21, 2015, 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.
Loop Industries, Inc. has not announced a new split in our records. Its most recent split was on September 21, 2015, 11 years ago. Companies announce splits in advance, and any new NASDAQ:LOOP split will appear on this page.
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