Jul 11, 2018
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
PURE GLOBAL CANNABIS INC (OTC:PRCNF) operates in the Pharmaceuticals: other industry.
PURE GLOBAL CANNABIS INC company overviewPURE GLOBAL CANNABIS INC's most recent stock split was on July 11, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
PURE GLOBAL CANNABIS INC (OTC:PRCNF) has split its stock 3 times: a 1-for-10 reverse split on February 11, 2015, a 4-for-1 split on June 15, 2017, and a 1-for-2 reverse split on July 11, 2018.
PURE GLOBAL CANNABIS INC has split its stock 3 times. This history records 3 splits between February 11, 2015 and July 11, 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 PURE GLOBAL CANNABIS INC's 1-for-2 reverse split on July 11, 2018, every 2 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.
PURE GLOBAL CANNABIS INC has not announced a new split in our records. Its most recent split was on July 11, 2018, 8 years ago. Companies announce splits in advance, and any new OTC:PRCNF split will appear on this page.