True North Commercial REIT
Latest Stock Split
Nov 24, 2023
4:23
For every 23 shares held, investors received 4. The price per share adjusted from $1.35 to $7.76.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Nov 24, 2023Before$1.35Split ratio4:23After$7.76Reverse
- Jun 19, 2013Before—Split ratio1:2After—Reverse
- Dec 19, 2012Before—Split ratio1:8After—Reverse
About True North Commercial REIT stock splits
True North Commercial REIT (TSX:TNT.UN) operates in the Real estate investment trusts industry.
True North Commercial REIT company overviewWhen did True North Commercial REIT stock split?
True North Commercial REIT's most recent stock split was on November 24, 2023. It was a 4-for-23 reverse split, so shareholders received 4 shares for every 23 they held.
What is True North Commercial REIT's stock split history?
True North Commercial REIT (TSX:TNT.UN) has split its stock 3 times: a 1-for-8 reverse split on December 19, 2012, a 1-for-2 reverse split on June 19, 2013, and a 4-for-23 reverse split on November 24, 2023.
How many times has True North Commercial REIT stock split?
True North Commercial REIT has split its stock 3 times. This history records 3 reverse splits between December 19, 2012 and November 24, 2023.
What is a reverse stock split?
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 True North Commercial REIT's 4-for-23 reverse split on November 24, 2023, every 23 shares became 4 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will True North Commercial REIT split its stock again?
True North Commercial REIT has not announced a new split in our records. Its most recent split was on November 24, 2023, 2 years ago. Companies announce splits in advance, and any new TSX:TNT.UN split will appear on this page.