Oct 16, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.95 to $9.50.
The split itself did not change the total investment value.
Profound Medical Corp (NEO:PRN) operates in the Medical specialties industry.
Profound Medical Corp company overviewProfound Medical Corp's most recent stock split was on October 16, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Profound Medical Corp (NEO:PRN) has split its stock 2 times: a 11-for-150 reverse split on June 8, 2015 and a 1-for-10 reverse split on October 16, 2019.
Profound Medical Corp has split its stock 2 times. This history records 2 reverse splits between June 8, 2015 and October 16, 2019.
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 Profound Medical Corp's 1-for-10 reverse split on October 16, 2019, 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.
Profound Medical Corp has not announced a new split in our records. Its most recent split was on October 16, 2019, 7 years ago. Companies announce splits in advance, and any new NEO:PRN split will appear on this page.
Already premium?