Oct 24, 2005
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Intouch Insight Ltd. (TSXV:INX) operates in the Packaged software industry.
Intouch Insight Ltd. company overviewIntouch Insight Ltd.'s most recent stock split was on October 24, 2005. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Intouch Insight Ltd. (TSXV:INX) has split its stock 2 times: a 1-for-10 reverse split on February 4, 2002 and a 1-for-5 reverse split on October 24, 2005.
Intouch Insight Ltd. has split its stock 2 times. This history records 2 reverse splits between February 4, 2002 and October 24, 2005.
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 Intouch Insight Ltd.'s 1-for-5 reverse split on October 24, 2005, 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.
Intouch Insight Ltd. has not announced a new split in our records. Its most recent split was on October 24, 2005, 21 years ago. Companies announce splits in advance, and any new TSXV:INX split will appear on this page.
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