Post by
1rockit on May 16, 2022 1:32pm
$$ ;
Could someone please explain to me whether there has been a reverse split on CIBC . I could swear I seen this trading at $115.00 a share a few months ago but can't seem to get an honest answer. Thanks
Comment by
satchmo6 on May 16, 2022 6:05pm
was wondering that too--will ask a family member if they know
Comment by
fakmiz on May 16, 2022 7:29pm
Cm Split 2 for 1 as at May13th. So if you had 100 shares on May 10th, you now have 200, thus the price also halved. In addition the dividend is halved. Effectively you have the same value oif shares but more of them. This was done to provide more shares and allow people to buy a good investments at a cheaper market price.