Jan 21, 2005
1:4
For every 4 shares held, investors received 1.
The split itself did not change the total investment value.
Biorem Inc. (TSXV:BRM) operates in the Industrial machinery industry.
Biorem Inc. company overviewBiorem Inc.'s most recent stock split was on January 21, 2005. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Biorem Inc. has split its stock once. This history records one reverse split, on January 21, 2005.
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 Biorem Inc.'s 1-for-4 reverse split on January 21, 2005, every 4 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.
Biorem Inc. has not announced a new split in our records. Its most recent split was on January 21, 2005, 21 years ago. Companies announce splits in advance, and any new TSXV:BRM split will appear on this page.
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