Jun 02, 1997
3:1
For every share held, investors received 3. The price per share adjusted from $32.45 to $10.82.
The split itself did not change the total investment value.
Paramount Resources Ltd. Class A (TSX:POU) operates in the Integrated oil industry.
Paramount Resources Ltd. Class A company overviewParamount Resources Ltd. Class A's most recent stock split was on June 2, 1997. It was a 3-for-1 forward split, so shareholders received 3 shares for every share they held.
Paramount Resources Ltd. Class A has split its stock once. This history records one forward split, on June 2, 1997.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Paramount Resources Ltd. Class A's 3-for-1 split on June 2, 1997, every share became 3 shares.
Paramount Resources Ltd. Class A has not announced a new split in our records. Its most recent split was on June 2, 1997, 29 years ago. Companies announce splits in advance, and any new TSX:POU split will appear on this page.
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