Nov 11, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.67 to $6.70.
The split itself did not change the total investment value.
Canadian Net Real Estate Investment Trust (NEO:NET.UN) operates in the Real estate investment trusts industry.
Canadian Net Real Estate Investment Trust company overviewCanadian Net Real Estate Investment Trust's most recent stock split was on November 11, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Canadian Net Real Estate Investment Trust has split its stock once. This history records one reverse split, on November 11, 2020.
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 Canadian Net Real Estate Investment Trust's 1-for-10 reverse split on November 11, 2020, 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.
Canadian Net Real Estate Investment Trust has not announced a new split in our records. Its most recent split was on November 11, 2020, 5 years ago. Companies announce splits in advance, and any new NEO:NET.UN split will appear on this page.
Already premium?