Mar 31, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $1.63 to $16.30.
The split itself did not change the total investment value.
Nouveau Monde Graphite Inc (TSX:NOU) operates in the Other metals/Minerals industry.
Nouveau Monde Graphite Inc company overviewNouveau Monde Graphite Inc's most recent stock split was on March 31, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nouveau Monde Graphite Inc has split its stock once. This history records one reverse split, on March 31, 2021.
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 Nouveau Monde Graphite Inc's 1-for-10 reverse split on March 31, 2021, 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.
Nouveau Monde Graphite Inc has not announced a new split in our records. Its most recent split was on March 31, 2021, 5 years ago. Companies announce splits in advance, and any new TSX:NOU split will appear on this page.
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