Aug 15, 2017
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
CoTec Holdings Corp (TSXV:CTH) operates in the Financial conglomerates industry.
CoTec Holdings Corp company overviewCoTec Holdings Corp's most recent stock split was on August 15, 2017. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
CoTec Holdings Corp (TSXV:CTH) has split its stock 4 times: a 1-for-5 reverse split on July 22, 1999, a 1-for-10 reverse split on August 8, 2013, a 1-for-10 reverse split on June 23, 2014, and a 1-for-20 reverse split on August 15, 2017.
CoTec Holdings Corp has split its stock 4 times. This history records 4 reverse splits between July 22, 1999 and August 15, 2017.
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 CoTec Holdings Corp's 1-for-20 reverse split on August 15, 2017, every 20 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.
CoTec Holdings Corp has not announced a new split in our records. Its most recent split was on August 15, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:CTH split will appear on this page.
Already premium?