Aug 14, 2023
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $2.76 to $8.28.
The split itself did not change the total investment value.
Orion Digital Corp. (TSX:ORIO) operates in the Finance/Rental/Leasing industry.
Orion Digital Corp. company overviewOrion Digital Corp.'s most recent stock split was on August 14, 2023. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Orion Digital Corp. (TSX:ORIO) has split its stock 5 times: a 1-for-10 reverse split on June 1, 2012, a 1-for-10 reverse split on June 17, 2013, a 1-for-5 reverse split on December 6, 2016, a 1-for-3 reverse split on August 10, 2023, and a 1-for-3 reverse split on August 14, 2023.
Orion Digital Corp. has split its stock 5 times. This history records 5 reverse splits between June 1, 2012 and August 14, 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 Orion Digital Corp.'s 1-for-3 reverse split on August 14, 2023, 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.
Orion Digital Corp. has not announced a new split in our records. Its most recent split was on August 14, 2023, 3 years ago. Companies announce splits in advance, and any new TSX:ORIO split will appear on this page.
Already premium?