May 19, 2016
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.32 to $4.80.
The split itself did not change the total investment value.
Dominion Lending Centres, Inc. (Canada) Class A (TSX:DLCG) operates in the Finance/Rental/Leasing industry.
Dominion Lending Centres, Inc. (Canada) Class A company overviewDominion Lending Centres, Inc. (Canada) Class A's most recent stock split was on May 19, 2016. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Dominion Lending Centres, Inc. (Canada) Class A (TSX:DLCG) has split its stock 3 times: a 1-for-2 reverse split on June 1, 2009, a 1-for-2 reverse split on June 2, 2009, and a 1-for-15 reverse split on May 19, 2016.
Dominion Lending Centres, Inc. (Canada) Class A has split its stock 3 times. This history records 3 reverse splits between June 1, 2009 and May 19, 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 Dominion Lending Centres, Inc. (Canada) Class A's 1-for-15 reverse split on May 19, 2016, every 15 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.
Dominion Lending Centres, Inc. (Canada) Class A has not announced a new split in our records. Its most recent split was on May 19, 2016, 10 years ago. Companies announce splits in advance, and any new TSX:DLCG split will appear on this page.
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