May 31, 2022
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.36 to $1.09.
The split itself did not change the total investment value.
Auscan Resources Inc. (TSXV:ACR.H) operates in the Chemicals: specialty industry.
Auscan Resources Inc. company overviewAuscan Resources Inc.'s most recent stock split was on May 31, 2022. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Auscan Resources Inc. (TSXV:ACR.H) has split its stock 4 times: a 1-for-5 reverse split on September 5, 2013, a 2-for-27 reverse split on December 11, 2017, a 1-for-10 reverse split on August 15, 2019, and a 1-for-3 reverse split on May 31, 2022.
Auscan Resources Inc. has split its stock 4 times. This history records 4 reverse splits between September 5, 2013 and May 31, 2022.
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 Auscan Resources Inc.'s 1-for-3 reverse split on May 31, 2022, 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.
Auscan Resources Inc. has not announced a new split in our records. Its most recent split was on May 31, 2022, 4 years ago. Companies announce splits in advance, and any new TSXV:ACR.H split will appear on this page.
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