May 27, 1999
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Sernova Biotherapeutics Inc (TSX:SVA) operates in the Biotechnology industry.
Sernova Biotherapeutics Inc company overviewSernova Biotherapeutics Inc's most recent stock split was on May 27, 1999. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Sernova Biotherapeutics Inc has split its stock once. This history records one reverse split, on May 27, 1999.
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 Sernova Biotherapeutics Inc's 1-for-3 reverse split on May 27, 1999, every 3 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.
Sernova Biotherapeutics Inc has not announced a new split in our records. Its most recent split was on May 27, 1999, 27 years ago. Companies announce splits in advance, and any new TSX:SVA split will appear on this page.
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