Jun 14, 2018
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.15.
The split itself did not change the total investment value.
Cantex Mine Development Corp. (TSXV:CD) operates in the Other metals/Minerals industry.
Cantex Mine Development Corp. company overviewCantex Mine Development Corp.'s most recent stock split was on June 14, 2018. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Cantex Mine Development Corp. (TSXV:CD) has split its stock 3 times: a 5-for-1 split on April 21, 1997, a 1-for-15 reverse split on June 18, 2013, and a 1-for-10 reverse split on June 14, 2018.
Cantex Mine Development Corp. has split its stock 3 times. This history records 3 splits between April 21, 1997 and June 14, 2018.
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 Cantex Mine Development Corp.'s 1-for-10 reverse split on June 14, 2018, every 10 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.
Cantex Mine Development Corp. has not announced a new split in our records. Its most recent split was on June 14, 2018, 8 years ago. Companies announce splits in advance, and any new TSXV:CD split will appear on this page.
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