Sep 23, 2016
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.01 to $0.20.
The split itself did not change the total investment value.
Mene, Inc. Class B (TSXV:MENE) operates in the Other consumer specialties industry.
Mene, Inc. Class B company overviewMene, Inc. Class B's most recent stock split was on September 23, 2016. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Mene, Inc. Class B (TSXV:MENE) has split its stock 3 times: a 1-for-7 reverse split on March 13, 2000, a 1-for-17 reverse split on October 22, 2010, and a 1-for-20 reverse split on September 23, 2016.
Mene, Inc. Class B has split its stock 3 times. This history records 3 reverse splits between March 13, 2000 and September 23, 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 Mene, Inc. Class B's 1-for-20 reverse split on September 23, 2016, every 20 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.
Mene, Inc. Class B has not announced a new split in our records. Its most recent split was on September 23, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:MENE split will appear on this page.
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