Jul 05, 2016
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.32 to $0.96.
The split itself did not change the total investment value.
kneat.com, Inc. (TSX:KSI) operates in the Packaged software industry.
kneat.com, Inc. company overviewkneat.com, Inc.'s most recent stock split was on July 5, 2016. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
kneat.com, Inc. has split its stock once. This history records one reverse split, on July 5, 2016.
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 kneat.com, Inc.'s 1-for-3 reverse split on July 5, 2016, 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.
kneat.com, Inc. has not announced a new split in our records. Its most recent split was on July 5, 2016, 10 years ago. Companies announce splits in advance, and any new TSX:KSI split will appear on this page.
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