Mar 23, 2006
2:1
For every share held, investors received 2. The price per share adjusted from $99.50 to $49.75.
The split itself did not change the total investment value.
Royal Bank of Canada (TSX:RY) operates in the Major banks industry.
Royal Bank of Canada company overviewRoyal Bank of Canada's most recent stock split was on March 23, 2006. It was a 2-for-1 forward split, so shareholders received 2 shares for every share they held.
Royal Bank of Canada (TSX:RY) has split its stock 3 times: a 2-for-1 split on February 5, 1990, a 2-for-1 split on September 25, 2000, and a 2-for-1 split on March 23, 2006.
Royal Bank of Canada has split its stock 3 times. This history records 3 forward splits between February 5, 1990 and March 23, 2006.
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 Royal Bank of Canada's 2-for-1 split on March 23, 2006, every share became 2 shares.
Royal Bank of Canada has not announced a new split in our records. Its most recent split was on March 23, 2006, 20 years ago. Companies announce splits in advance, and any new TSX:RY split will appear on this page.
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