Dec 02, 2008
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.05 to $1.00.
The split itself did not change the total investment value.
Canlan Ice Sports Corp. (TSX:ICE) operates in the Movies/Entertainment industry.
Canlan Ice Sports Corp. company overviewCanlan Ice Sports Corp.'s most recent stock split was on December 2, 2008. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Canlan Ice Sports Corp. has split its stock once. This history records one reverse split, on December 2, 2008.
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 Canlan Ice Sports Corp.'s 1-for-20 reverse split on December 2, 2008, every 20 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.
Canlan Ice Sports Corp. has not announced a new split in our records. Its most recent split was on December 2, 2008, 17 years ago. Companies announce splits in advance, and any new TSX:ICE split will appear on this page.
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