Feb 07, 2017
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Vertical Exploration Inc. (TSXV:VERT) operates in the Precious metals industry.
Vertical Exploration Inc. company overviewVertical Exploration Inc.'s most recent stock split was on February 7, 2017. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Vertical Exploration Inc. has split its stock once. This history records one reverse split, on February 7, 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 Vertical Exploration Inc.'s 1-for-5 reverse split on February 7, 2017, 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.
Vertical Exploration Inc. has not announced a new split in our records. Its most recent split was on February 7, 2017, 9 years ago. Companies announce splits in advance, and any new TSXV:VERT split will appear on this page.
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