Oct 05, 2018
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.03 to $0.15.
The split itself did not change the total investment value.
Lightspeed Discoveries Inc. (TSXV:LSD.H) operates in the Other metals/Minerals industry.
Lightspeed Discoveries Inc. company overviewLightspeed Discoveries Inc.'s most recent stock split was on October 5, 2018. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Lightspeed Discoveries Inc. (TSXV:LSD.H) has split its stock 6 times: a 1-for-2 reverse split on December 16, 1996, a 1-for-10 reverse split on March 14, 2001, a 1-for-4 reverse split on December 8, 2004, a 1-for-2 reverse split on December 10, 2009, a 1-for-2 reverse split on June 26, 2015, and a 1-for-5 reverse split on October 5, 2018.
Lightspeed Discoveries Inc. has split its stock 6 times. This history records 6 reverse splits between December 16, 1996 and October 5, 2018.
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 Lightspeed Discoveries Inc.'s 1-for-5 reverse split on October 5, 2018, 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.
Lightspeed Discoveries Inc. has not announced a new split in our records. Its most recent split was on October 5, 2018, 8 years ago. Companies announce splits in advance, and any new TSXV:LSD.H split will appear on this page.
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