Dec 31, 2024
403:500
For every 500 shares held, investors received 403. The price per share adjusted from $0.94 to $1.17.
The split itself did not change the total investment value.
Inovalis REIT (TSX:INO.UN) operates in the Real estate investment trusts industry.
Inovalis REIT company overviewInovalis REIT's most recent stock split was on December 31, 2024. It was a 403-for-500 reverse split, so shareholders received 403 shares for every 500 they held.
Inovalis REIT has split its stock once. This history records one reverse split, on December 31, 2024.
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 Inovalis REIT's 403-for-500 reverse split on December 31, 2024, every 500 shares became 403 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Inovalis REIT has not announced a new split in our records. Its most recent split was on December 31, 2024, 1 year ago. Companies announce splits in advance, and any new TSX:INO.UN split will appear on this page.
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