Oct 16, 2013
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.03 to $0.09.
The split itself did not change the total investment value.
Legend Power Systems Inc. (TSXV:LPS) operates in the Electrical products industry.
Legend Power Systems Inc. company overviewLegend Power Systems Inc.'s most recent stock split was on October 16, 2013. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Legend Power Systems Inc. (TSXV:LPS) has split its stock 3 times: a 2-for-11 reverse split on March 10, 1997, a 1-for-2 reverse split on May 11, 2000, and a 1-for-3 reverse split on October 16, 2013.
Legend Power Systems Inc. has split its stock 3 times. This history records 3 reverse splits between March 10, 1997 and October 16, 2013.
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 Legend Power Systems Inc.'s 1-for-3 reverse split on October 16, 2013, every 3 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.
Legend Power Systems Inc. has not announced a new split in our records. Its most recent split was on October 16, 2013, 13 years ago. Companies announce splits in advance, and any new TSXV:LPS split will appear on this page.
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