1. Canada Stocks

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    Producer manufacturing

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    Metal fabrication
Tree Island Steel Ltd.

Tree Island Steel Ltd.

2.36
CAD
+0.02
(+0.85%)
-0.26EPS
60.48MMarket Cap
Nov 10Next Earn

Latest Stock Split

May 16, 2014

1:2

For every 2 shares held, investors received 1. The price per share adjusted from $1.08 to $2.16.

The split itself did not change the total investment value.

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Stock Split History

  1. May 16, 2014
    Before$1.08
    Split ratio1:2
    After$2.16
    Reverse

About Tree Island Steel Ltd. stock splits

Tree Island Steel Ltd. (TSX:TSL) operates in the Metal fabrication industry.

Tree Island Steel Ltd. company overview

When did Tree Island Steel Ltd. stock split?

Tree Island Steel Ltd.'s most recent stock split was on May 16, 2014. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.

How many times has Tree Island Steel Ltd. stock split?

Tree Island Steel Ltd. has split its stock once. This history records one reverse split, on May 16, 2014.

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 Tree Island Steel Ltd.'s 1-for-2 reverse split on May 16, 2014, every 2 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.

Will Tree Island Steel Ltd. split its stock again?

Tree Island Steel Ltd. has not announced a new split in our records. Its most recent split was on May 16, 2014, 12 years ago. Companies announce splits in advance, and any new TSX:TSL split will appear on this page.