1. Canada Stocks

  2. •

    Health technology

  3. •

    Pharmaceuticals: major
Medicure Inc.

Medicure Inc.

4.30
CAD
-0.10
(-2.27%)
-0.72EPS
13.46MMarket Cap
Nov 25Next Earn

Latest Stock Split

Nov 02, 2012

1:15

For every 15 shares held, investors received 1. The price per share adjusted from $0.03 to $0.38.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 02, 2012
    Before$0.03
    Split ratio1:15
    After$0.38
    Reverse

About Medicure Inc. stock splits

Medicure Inc. (TSXV:MPH) operates in the Pharmaceuticals: major industry.

Medicure Inc. company overview

When did Medicure Inc. stock split?

Medicure Inc.'s most recent stock split was on November 2, 2012. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.

How many times has Medicure Inc. stock split?

Medicure Inc. has split its stock once. This history records one reverse split, on November 2, 2012.

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 Medicure Inc.'s 1-for-15 reverse split on November 2, 2012, every 15 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 Medicure Inc. split its stock again?

Medicure Inc. has not announced a new split in our records. Its most recent split was on November 2, 2012, 13 years ago. Companies announce splits in advance, and any new TSXV:MPH split will appear on this page.