Jun 20, 2023
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $2.60 to $10.40.
The split itself did not change the total investment value.
Dream Impact Trust (TSX:MPCT.UN) operates in the Investment trusts industry.
Dream Impact Trust company overviewDream Impact Trust's most recent stock split was on June 20, 2023. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Dream Impact Trust has split its stock once. This history records one reverse split, on June 20, 2023.
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 Dream Impact Trust's 1-for-4 reverse split on June 20, 2023, every 4 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.
Dream Impact Trust has not announced a new split in our records. Its most recent split was on June 20, 2023, 3 years ago. Companies announce splits in advance, and any new TSX:MPCT.UN split will appear on this page.
Already premium?