Aug 25, 2016
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.50 to $5.00.
The split itself did not change the total investment value.
Clean Energy Transition Inc. (TSXV:TRAN) operates in the Steel industry.
Clean Energy Transition Inc. company overviewClean Energy Transition Inc.'s most recent stock split was on August 25, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Clean Energy Transition Inc. (TSXV:TRAN) has split its stock 5 times: a 1-for-5 reverse split on January 27, 1999, a 1-for-4 reverse split on August 15, 2003, a 1-for-9 reverse split on October 13, 2010, a 1-for-5 reverse split on December 24, 2013, and a 1-for-10 reverse split on August 25, 2016.
Clean Energy Transition Inc. has split its stock 5 times. This history records 5 reverse splits between January 27, 1999 and August 25, 2016.
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 Clean Energy Transition Inc.'s 1-for-10 reverse split on August 25, 2016, every 10 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.
Clean Energy Transition Inc. has not announced a new split in our records. Its most recent split was on August 25, 2016, 10 years ago. Companies announce splits in advance, and any new TSXV:TRAN split will appear on this page.
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