Feb 06, 2017
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Torrent Capital Ltd (TSXV:TORR) operates in the Precious metals industry.
Torrent Capital Ltd company overviewTorrent Capital Ltd's most recent stock split was on February 6, 2017. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Torrent Capital Ltd has split its stock once. This history records one reverse split, on February 6, 2017.
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 Torrent Capital Ltd's 1-for-3 reverse split on February 6, 2017, 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.
Torrent Capital Ltd has not announced a new split in our records. Its most recent split was on February 6, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:TORR split will appear on this page.
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