Oct 04, 2018
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
MediPharm Labs Corp. (TSX:LABS) operates in the Agricultural commodities/Milling industry.
MediPharm Labs Corp. company overviewMediPharm Labs Corp.'s most recent stock split was on October 4, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
MediPharm Labs Corp. has split its stock once. This history records one reverse split, on October 4, 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 MediPharm Labs Corp.'s 1-for-2 reverse split on October 4, 2018, every 2 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.
MediPharm Labs Corp. has not announced a new split in our records. Its most recent split was on October 4, 2018, 8 years ago. Companies announce splits in advance, and any new TSX:LABS split will appear on this page.
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