Nov 16, 2018
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.10 to $1.43.
The split itself did not change the total investment value.
Canadian Premium Sand, Inc. (TSXV:CPS) operates in the Construction materials industry.
Canadian Premium Sand, Inc. company overviewCanadian Premium Sand, Inc.'s most recent stock split was on November 16, 2018. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Canadian Premium Sand, Inc. has split its stock once. This history records one reverse split, on November 16, 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 Canadian Premium Sand, Inc.'s 1-for-15 reverse split on November 16, 2018, every 15 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.
Canadian Premium Sand, Inc. has not announced a new split in our records. Its most recent split was on November 16, 2018, 7 years ago. Companies announce splits in advance, and any new TSXV:CPS split will appear on this page.
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