Mar 15, 2007
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Fibre-Crown Manufacturing Inc. (TSXV:FBR.H) operates in the Building products industry.
Fibre-Crown Manufacturing Inc. company overviewFibre-Crown Manufacturing Inc.'s most recent stock split was on March 15, 2007. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Fibre-Crown Manufacturing Inc. has split its stock once. This history records one reverse split, on March 15, 2007.
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 Fibre-Crown Manufacturing Inc.'s 1-for-5 reverse split on March 15, 2007, every 5 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.
Fibre-Crown Manufacturing Inc. has not announced a new split in our records. Its most recent split was on March 15, 2007, 19 years ago. Companies announce splits in advance, and any new TSXV:FBR.H split will appear on this page.
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