Global Rank
#2290
Country Rank
#81
Market Cap
8.38 B
Price
103.23
Change (%)
1.30%
Volume
79,850
Toromont Industries Ltd. (TSX-TIH) Stock Split History
This company has undergone a total of four stock splits throughout its history. Four forward splits were executed, enhancing liquidity and increasing share accessibility. The most recent split occurred on 04/01/2004 with a ratio of 2-for-1. If an investor had purchased one share prior to the first split on 05/02/1994, that single share would now have grown to 16 shares. These adjustments reflect the company's strategic efforts to align stock performance with market conditions.
Date | Split Ratio | Multiple | Cumulative multiple | Type |
---|---|---|---|---|
04/01/2004 | 2:1 | x2 | x16 | Forward |
04/29/1998 | 2:1 | x2 | x8 | Forward |
05/01/1996 | 2:1 | x2 | x4 | Forward |
05/02/1994 | 2:1 | x2 | x2 | Forward |
Frequently Asked Questions
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How much would Toromont Industries Ltd. stock be worth if it never split?If Toromont Industries Ltd. (stock symbol: TSX-TIH) had never undergone any stock splits, its price per share today would be approximately 1651.75 USD. This calculation reflects the cumulative effect of all splits, including the most recent split (ratio: 2-for-1) that occurred on 04/01/2004.
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Has Toromont Industries Ltd. stock ever split?Toromont Industries Ltd. (stock symbol: TSX-TIH) has undergone a total of four stock splits. The most recent split occurred on 04/01/2004. One share bought prior to the first split on 05/02/1994 would now equal 16.00 shares.
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Will Toromont Industries Ltd. stock split again?Toromont Industries Ltd. (stock symbol: TSX-TIH) has undergone four stock splits in its history. The most recent split, a 2-for-1 split, occurred on 04/01/2004. While future splits are not guaranteed, significant increases in stock price could prompt consideration for another split.