Jul 10, 2024
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.81 to $7.24.
The split itself did not change the total investment value.
Premium Global Income Split Fund Class A (TSX:PGIC) operates in the Investment trusts industry.
Premium Global Income Split Fund Class A company overviewPremium Global Income Split Fund Class A's most recent stock split was on July 10, 2024. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Premium Global Income Split Fund Class A (TSX:PGIC) has split its stock 2 times: a 473-for-841 reverse split on July 5, 2011 and a 1-for-4 reverse split on July 10, 2024.
Premium Global Income Split Fund Class A has split its stock 2 times. This history records 2 reverse splits between July 5, 2011 and July 10, 2024.
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 Premium Global Income Split Fund Class A's 1-for-4 reverse split on July 10, 2024, every 4 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.
Premium Global Income Split Fund Class A has not announced a new split in our records. Its most recent split was on July 10, 2024, 2 years ago. Companies announce splits in advance, and any new TSX:PGIC split will appear on this page.
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