Dec 14, 2020
9:16
For every 16 shares held, investors received 9.
The split itself did not change the total investment value.
Emerge Commerce Ltd (TSXV:ECOM) operates in the Internet retail industry.
Emerge Commerce Ltd company overviewEmerge Commerce Ltd's most recent stock split was on December 14, 2020. It was a 9-for-16 reverse split, so shareholders received 9 shares for every 16 they held.
Emerge Commerce Ltd has split its stock once. This history records one reverse split, on December 14, 2020.
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 Emerge Commerce Ltd's 9-for-16 reverse split on December 14, 2020, every 16 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Emerge Commerce Ltd has not announced a new split in our records. Its most recent split was on December 14, 2020, 5 years ago. Companies announce splits in advance, and any new TSXV:ECOM split will appear on this page.
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