Jun 27, 2018
51:125
For every 125 shares held, investors received 51.
The split itself did not change the total investment value.
Solution Financial Inc. (TSX:SFI) operates in the Finance/Rental/Leasing industry.
Solution Financial Inc. company overviewSolution Financial Inc.'s most recent stock split was on June 27, 2018. It was a 51-for-125 reverse split, so shareholders received 51 shares for every 125 they held.
Solution Financial Inc. (TSX:SFI) has split its stock 2 times: a 1-for-2 reverse split on December 5, 2011 and a 51-for-125 reverse split on June 27, 2018.
Solution Financial Inc. has split its stock 2 times. This history records 2 reverse splits between December 5, 2011 and June 27, 2018.
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 Solution Financial Inc.'s 51-for-125 reverse split on June 27, 2018, every 125 shares became 51 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Solution Financial Inc. has not announced a new split in our records. Its most recent split was on June 27, 2018, 8 years ago. Companies announce splits in advance, and any new TSX:SFI split will appear on this page.
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