Nov 07, 2016
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Itafos Inc (TSXV:IFOS) operates in the Chemicals: agricultural industry.
Itafos Inc company overviewItafos Inc's most recent stock split was on November 7, 2016. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Itafos Inc (TSXV:IFOS) has split its stock 2 times: a 1-for-15 reverse split on December 30, 2009 and a 1-for-100 reverse split on November 7, 2016.
Itafos Inc has split its stock 2 times. This history records 2 reverse splits between December 30, 2009 and November 7, 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 Itafos Inc's 1-for-100 reverse split on November 7, 2016, every 100 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.
Itafos Inc has not announced a new split in our records. Its most recent split was on November 7, 2016, 9 years ago. Companies announce splits in advance, and any new TSXV:IFOS split will appear on this page.