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Canoe EIT Income Fund

Canoe EIT Income Fund

17.72
CAD
-0.03
(-0.17%)

Latest Stock Split

Apr 24, 2009

1:3

For every 3 shares held, investors received 1. The price per share adjusted from $3.33 to $9.99.

The split itself did not change the total investment value.

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Stock Split History

  1. Apr 24, 2009
    Before$3.33
    Split ratio1:3
    After$9.99
    Reverse

About Canoe EIT Income Fund stock splits

Canoe EIT Income Fund (TSX:EIT.UN) operates in the Investment trusts industry.

Canoe EIT Income Fund company overview

When did Canoe EIT Income Fund stock split?

Canoe EIT Income Fund's most recent stock split was on April 24, 2009. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.

How many times has Canoe EIT Income Fund stock split?

Canoe EIT Income Fund has split its stock once. This history records one reverse split, on April 24, 2009.

What is a reverse stock split?

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 Canoe EIT Income Fund's 1-for-3 reverse split on April 24, 2009, every 3 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.

Will Canoe EIT Income Fund split its stock again?

Canoe EIT Income Fund has not announced a new split in our records. Its most recent split was on April 24, 2009, 17 years ago. Companies announce splits in advance, and any new TSX:EIT.UN split will appear on this page.