Apr 27, 2006
10:1
For every share held, investors received 10. The price per share adjusted from $199.00 to $19.90.
The split itself did not change the total investment value.
Melcor Developments Ltd. (TSX:MRD) operates in the Real estate development industry.
Melcor Developments Ltd. company overviewMelcor Developments Ltd.'s most recent stock split was on April 27, 2006. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Melcor Developments Ltd. has split its stock once. This history records one forward split, on April 27, 2006.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Melcor Developments Ltd.'s 10-for-1 split on April 27, 2006, every share became 10 shares.
Melcor Developments Ltd. has not announced a new split in our records. Its most recent split was on April 27, 2006, 20 years ago. Companies announce splits in advance, and any new TSX:MRD split will appear on this page.
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