Aug 29, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $76.00 to $760.00.
The split itself did not change the total investment value.
CVS Bay Area Inc. (TSE:2687) operates in the Other consumer services industry.
CVS Bay Area Inc. company overviewCVS Bay Area Inc.'s most recent stock split was on August 29, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
CVS Bay Area Inc. (TSE:2687) has split its stock 4 times: a 2-for-1 split on August 28, 2001, a 3-for-1 split on August 26, 2004, a 2-for-1 split on May 29, 2012, and a 1-for-10 reverse split on August 29, 2016.
CVS Bay Area Inc. has split its stock 4 times. This history records 4 splits between August 28, 2001 and August 29, 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 CVS Bay Area Inc.'s 1-for-10 reverse split on August 29, 2016, 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.
CVS Bay Area Inc. has not announced a new split in our records. Its most recent split was on August 29, 2016, 10 years ago. Companies announce splits in advance, and any new TSE:2687 split will appear on this page.
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