May 24, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.07 to $0.65.
The split itself did not change the total investment value.
IBC Advanced Alloys Corp. (TSXV:IB) operates in the Other metals/Minerals industry.
IBC Advanced Alloys Corp. company overviewIBC Advanced Alloys Corp.'s most recent stock split was on May 24, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
IBC Advanced Alloys Corp. (TSXV:IB) has split its stock 2 times: a 1-for-6 reverse split on December 4, 2012 and a 1-for-10 reverse split on May 24, 2016.
IBC Advanced Alloys Corp. has split its stock 2 times. This history records 2 reverse splits between December 4, 2012 and May 24, 2016.
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 IBC Advanced Alloys Corp.'s 1-for-10 reverse split on May 24, 2016, every 10 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.
IBC Advanced Alloys Corp. has not announced a new split in our records. Its most recent split was on May 24, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:IB split will appear on this page.