Dec 30, 2019
882239:1000000
For every 1000000 shares held, investors received 882239. The price per share adjusted from $10.13 to $11.48.
The split itself did not change the total investment value.
North American Financial 15 Split Corp A 2019-01.12.24 (TSX:FFN.PR.A) operates in the Investment trusts industry.
North American Financial 15 Split Corp A 2019-01.12.24 company overviewNorth American Financial 15 Split Corp A 2019-01.12.24's most recent stock split was on December 30, 2019. It was a 882239-for-1000000 reverse split, so shareholders received 882239 shares for every 1000000 they held.
North American Financial 15 Split Corp A 2019-01.12.24 has split its stock once. This history records one reverse split, on December 30, 2019.
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 North American Financial 15 Split Corp A 2019-01.12.24's 882239-for-1000000 reverse split on December 30, 2019, every 1000000 shares became 882239 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
North American Financial 15 Split Corp A 2019-01.12.24 has not announced a new split in our records. Its most recent split was on December 30, 2019, 6 years ago. Companies announce splits in advance, and any new TSX:FFN.PR.A split will appear on this page.
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