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    Financial conglomerates
Kobo Resources Inc.

Kobo Resources Inc.

0.23
CAD
+0.02
(+7.14%)
-0.07EPS
32.48MMarket Cap

Latest Stock Split

Mar 31, 2023

1:5

For every 5 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Mar 31, 2023
    Before—
    Split ratio1:5
    After—
    Reverse

About Kobo Resources Inc. stock splits

Kobo Resources Inc. (TSXV:KRI) operates in the Financial conglomerates industry.

Kobo Resources Inc. company overview

When did Kobo Resources Inc. stock split?

Kobo Resources Inc.'s most recent stock split was on March 31, 2023. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

How many times has Kobo Resources Inc. stock split?

Kobo Resources Inc. has split its stock once. This history records one reverse split, on March 31, 2023.

What is a reverse stock split?

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 Kobo Resources Inc.'s 1-for-5 reverse split on March 31, 2023, 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.

Will Kobo Resources Inc. split its stock again?

Kobo Resources Inc. has not announced a new split in our records. Its most recent split was on March 31, 2023, 3 years ago. Companies announce splits in advance, and any new TSXV:KRI split will appear on this page.