Dec 07, 2016
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $1.80 to $36.00.
The split itself did not change the total investment value.
Corsa Coal Corp. (OTC:CRSXQ) operates in the Coal industry.
Corsa Coal Corp. company overviewCorsa Coal Corp.'s most recent stock split was on December 7, 2016. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Corsa Coal Corp. has split its stock once. This history records one reverse split, on December 7, 2016.
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 Corsa Coal Corp.'s 1-for-20 reverse split on December 7, 2016, every 20 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.
Corsa Coal Corp. has not announced a new split in our records. Its most recent split was on December 7, 2016, 9 years ago. Companies announce splits in advance, and any new OTC:CRSXQ split will appear on this page.