Dec 21, 2018
554:817
For every 817 shares held, investors received 554. The price per share adjusted from $0.33 to $0.48.
The split itself did not change the total investment value.
US Financial 15 Split Corp A 2018-01.12.24 (TSX:FTU) operates in the Investment trusts industry.
US Financial 15 Split Corp A 2018-01.12.24 company overviewUS Financial 15 Split Corp A 2018-01.12.24's most recent stock split was on December 21, 2018. It was a 554-for-817 reverse split, so shareholders received 554 shares for every 817 they held.
US Financial 15 Split Corp A 2018-01.12.24 (TSX:FTU) has split its stock 2 times: a 43-for-60 reverse split on June 25, 2012 and a 554-for-817 reverse split on December 21, 2018.
US Financial 15 Split Corp A 2018-01.12.24 has split its stock 2 times. This history records 2 reverse splits between June 25, 2012 and December 21, 2018.
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 US Financial 15 Split Corp A 2018-01.12.24's 554-for-817 reverse split on December 21, 2018, every 817 shares became 554 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
US Financial 15 Split Corp A 2018-01.12.24 has not announced a new split in our records. Its most recent split was on December 21, 2018, 7 years ago. Companies announce splits in advance, and any new TSX:FTU split will appear on this page.
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