Dec 17, 2019
60:83
For every 83 shares held, investors received 60. The price per share adjusted from $0.15 to $0.21.
The split itself did not change the total investment value.
M Split Corp (TSX:XMF.A) operates in the Investment trusts industry.
M Split Corp company overviewM Split Corp's most recent stock split was on December 17, 2019. It was a 60-for-83 reverse split, so shareholders received 60 shares for every 83 they held.
M Split Corp has split its stock once. This history records one reverse split, on December 17, 2019.
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 M Split Corp's 60-for-83 reverse split on December 17, 2019, every 83 shares became 60 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
M Split Corp has not announced a new split in our records. Its most recent split was on December 17, 2019, 6 years ago. Companies announce splits in advance, and any new TSX:XMF.A split will appear on this page.
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