Dec 29, 2020
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.11 to $5.50.
The split itself did not change the total investment value.
Calfrac Well Services Ltd. (TSX:CFW) operates in the Oilfield services/Equipment industry.
Calfrac Well Services Ltd. company overviewCalfrac Well Services Ltd.'s most recent stock split was on December 29, 2020. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Calfrac Well Services Ltd. (TSX:CFW) has split its stock 5 times: a 1-for-20 reverse split on May 28, 2002, a 1-for-21 reverse split on March 12, 2004, a 2-for-1 split on February 17, 2005, a 2-for-1 split on June 2, 2014, and a 1-for-50 reverse split on December 29, 2020.
Calfrac Well Services Ltd. has split its stock 5 times. This history records 5 splits between May 28, 2002 and December 29, 2020.
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 Calfrac Well Services Ltd.'s 1-for-50 reverse split on December 29, 2020, every 50 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.
Calfrac Well Services Ltd. has not announced a new split in our records. Its most recent split was on December 29, 2020, 5 years ago. Companies announce splits in advance, and any new TSX:CFW split will appear on this page.
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