Nov 04, 2002
89:1000
For every 1000 shares held, investors received 89.
The split itself did not change the total investment value.
SmartCentres Real Estate Investment Trust (TSX:SRU.UN) operates in the Real estate investment trusts industry.
SmartCentres Real Estate Investment Trust company overviewSmartCentres Real Estate Investment Trust's most recent stock split was on November 4, 2002. It was a 89-for-1000 reverse split, so shareholders received 89 shares for every 1000 they held.
SmartCentres Real Estate Investment Trust (TSX:SRU.UN) has split its stock 2 times: a 2-for-1 split on February 18, 2002 and a 89-for-1000 reverse split on November 4, 2002.
SmartCentres Real Estate Investment Trust has split its stock 2 times. This history records 2 splits between February 18, 2002 and November 4, 2002.
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 SmartCentres Real Estate Investment Trust's 89-for-1000 reverse split on November 4, 2002, every 1000 shares became 89 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
SmartCentres Real Estate Investment Trust has not announced a new split in our records. Its most recent split was on November 4, 2002, 23 years ago. Companies announce splits in advance, and any new TSX:SRU.UN split will appear on this page.
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