Jun 07, 2012
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
BTB Real Estate Investment Trust (TSX:BTB.UN) operates in the Real estate investment trusts industry.
BTB Real Estate Investment Trust company overviewBTB Real Estate Investment Trust's most recent stock split was on June 7, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
BTB Real Estate Investment Trust (TSX:BTB.UN) has split its stock 2 times: a 1-for-5 reverse split on October 3, 2006 and a 1-for-5 reverse split on June 7, 2012.
BTB Real Estate Investment Trust has split its stock 2 times. This history records 2 reverse splits between October 3, 2006 and June 7, 2012.
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 BTB Real Estate Investment Trust's 1-for-5 reverse split on June 7, 2012, every 5 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.
BTB Real Estate Investment Trust has not announced a new split in our records. Its most recent split was on June 7, 2012, 14 years ago. Companies announce splits in advance, and any new TSX:BTB.UN split will appear on this page.
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