Dec 29, 2010
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Novanta Inc. (LSE:0VAG) operates in the Electronic equipment/Instruments industry.
Novanta Inc. company overviewNovanta Inc.'s most recent stock split was on December 29, 2010. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Novanta Inc. has split its stock once. This history records one reverse split, on December 29, 2010.
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 Novanta Inc.'s 1-for-3 reverse split on December 29, 2010, every 3 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.
Novanta Inc. has not announced a new split in our records. Its most recent split was on December 29, 2010, 15 years ago. Companies announce splits in advance, and any new LSE:0VAG split will appear on this page.