Nov 13, 2018
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
RE Royalties Ltd. (NEO:RE) operates in the Financial conglomerates industry.
RE Royalties Ltd. company overviewRE Royalties Ltd.'s most recent stock split was on November 13, 2018. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
RE Royalties Ltd. has split its stock once. This history records one reverse split, on November 13, 2018.
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 RE Royalties Ltd.'s 1-for-3 reverse split on November 13, 2018, 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.
RE Royalties Ltd. has not announced a new split in our records. Its most recent split was on November 13, 2018, 7 years ago. Companies announce splits in advance, and any new NEO:RE split will appear on this page.
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