Sep 12, 2012
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Champion Iron Ltd. (NEO:CIA) operates in the Steel industry.
Champion Iron Ltd. company overviewChampion Iron Ltd.'s most recent stock split was on September 12, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Champion Iron Ltd. (NEO:CIA) has split its stock 3 times: a 81-for-64 split on January 15, 2010, a 10-for-9 split on July 9, 2010, and a 1-for-5 reverse split on September 12, 2012.
Champion Iron Ltd. has split its stock 3 times. This history records 3 splits between January 15, 2010 and September 12, 2012.
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 Champion Iron Ltd.'s 1-for-5 reverse split on September 12, 2012, every 5 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.
Champion Iron Ltd. has not announced a new split in our records. Its most recent split was on September 12, 2012, 14 years ago. Companies announce splits in advance, and any new NEO:CIA split will appear on this page.
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