Dec 23, 2019
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.01 to $0.04.
The split itself did not change the total investment value.
Progressive Planet Solutions Inc. (TSXV:PLAN) operates in the Precious metals industry.
Progressive Planet Solutions Inc. company overviewProgressive Planet Solutions Inc.'s most recent stock split was on December 23, 2019. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Progressive Planet Solutions Inc. (TSXV:PLAN) has split its stock 3 times: a 1-for-10 reverse split on August 30, 2012, a 1-for-10 reverse split on January 26, 2017, and a 1-for-3 reverse split on December 23, 2019.
Progressive Planet Solutions Inc. has split its stock 3 times. This history records 3 reverse splits between August 30, 2012 and December 23, 2019.
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 Progressive Planet Solutions Inc.'s 1-for-3 reverse split on December 23, 2019, 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.
Progressive Planet Solutions Inc. has not announced a new split in our records. Its most recent split was on December 23, 2019, 6 years ago. Companies announce splits in advance, and any new TSXV:PLAN split will appear on this page.
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