Oct 05, 2011
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.58 to $5.80.
The split itself did not change the total investment value.
NFI Group Inc. (TSX:NFI) operates in the Trucks/Construction/Farm machinery industry.
NFI Group Inc. company overviewNFI Group Inc.'s most recent stock split was on October 5, 2011. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
NFI Group Inc. has split its stock once. This history records one reverse split, on October 5, 2011.
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 NFI Group Inc.'s 1-for-10 reverse split on October 5, 2011, every 10 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.
NFI Group Inc. has not announced a new split in our records. Its most recent split was on October 5, 2011, 15 years ago. Companies announce splits in advance, and any new TSX:NFI split will appear on this page.
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