Dec 14, 2001
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Fab-Form Industries Ltd (TSXV:FBF) operates in the Building products industry.
Fab-Form Industries Ltd company overviewFab-Form Industries Ltd's most recent stock split was on December 14, 2001. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Fab-Form Industries Ltd has split its stock once. This history records one reverse split, on December 14, 2001.
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 Fab-Form Industries Ltd's 1-for-3 reverse split on December 14, 2001, every 3 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.
Fab-Form Industries Ltd has not announced a new split in our records. Its most recent split was on December 14, 2001, 24 years ago. Companies announce splits in advance, and any new TSXV:FBF split will appear on this page.
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