Omni-Lite Industries Canada Inc.

Omni-Lite Industries Canada Inc.

3.05
CAD
+0.05
(+1.67%)
0.05EPS
34.98P/E
20.12MMarket Cap

Latest Stock Split

Nov 11, 1997

1:3

For every 3 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Nov 11, 1997
    Before—
    Split ratio1:3
    After—
    Reverse

About Omni-Lite Industries Canada Inc. stock splits

Omni-Lite Industries Canada Inc. (TSXV:OML) operates in the Metal fabrication industry.

Omni-Lite Industries Canada Inc. company overview

When did Omni-Lite Industries Canada Inc. stock split?

Omni-Lite Industries Canada Inc.'s most recent stock split was on November 11, 1997. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.

How many times has Omni-Lite Industries Canada Inc. stock split?

Omni-Lite Industries Canada Inc. has split its stock once. This history records one reverse split, on November 11, 1997.

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 Omni-Lite Industries Canada Inc.'s 1-for-3 reverse split on November 11, 1997, 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.

Will Omni-Lite Industries Canada Inc. split its stock again?

Omni-Lite Industries Canada Inc. has not announced a new split in our records. Its most recent split was on November 11, 1997, 28 years ago. Companies announce splits in advance, and any new TSXV:OML split will appear on this page.