Oct 31, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.04 to $0.18.
The split itself did not change the total investment value.
Spectra Products Inc. (TSXV:SSA) operates in the Trucks/Construction/Farm machinery industry.
Spectra Products Inc. company overviewSpectra Products Inc.'s most recent stock split was on October 31, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Spectra Products Inc. has split its stock once. This history records one reverse split, on October 31, 2022.
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 Spectra Products Inc.'s 1-for-5 reverse split on October 31, 2022, 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.
Spectra Products Inc. has not announced a new split in our records. Its most recent split was on October 31, 2022, 3 years ago. Companies announce splits in advance, and any new TSXV:SSA split will appear on this page.
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