Jun 26, 2017
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.89 to $2.66.
The split itself did not change the total investment value.
Osisko Metals Incorporated (TSX:OM) operates in the Other metals/Minerals industry.
Osisko Metals Incorporated company overviewOsisko Metals Incorporated's most recent stock split was on June 26, 2017. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Osisko Metals Incorporated (TSX:OM) has split its stock 2 times: a 1-for-4 reverse split on August 28, 2008 and a 1-for-3 reverse split on June 26, 2017.
Osisko Metals Incorporated has split its stock 2 times. This history records 2 reverse splits between August 28, 2008 and June 26, 2017.
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 Osisko Metals Incorporated's 1-for-3 reverse split on June 26, 2017, every 3 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.
Osisko Metals Incorporated has not announced a new split in our records. Its most recent split was on June 26, 2017, 9 years ago. Companies announce splits in advance, and any new TSX:OM split will appear on this page.
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