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Potash stock split Video

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potash stock split

About Intrepid Potash Intrepid Potash is a mineral company that potash stock split potassium, magnesium, sulfur, salt, and water products for customer in agriculture, animal feed and the oil and gas industry. In addition, Co. The split for IPI took place on August 14, This was a 1 for 10 reverse split, meaning for each 10 shares of IPI owned pre-split, the shareholder now owned 1 share.

Conclusion:

For example, a share position pre-split, became a share position following the split. When a company such as Intrepid Potash conducts a reverse share split, it is usually because shares have fallen to potash stock split lower per-share pricepoint than the company would like. This can be important because, for example, certain types of mutual click might have a limit governing which stocks they may buy, based upon per-share price.

Stock exchanges also tend to look at per-share price, setting a lower limit for listing eligibility.

potash stock split

So when a company does a reverse split, it potash stock split looking mathematically poash the market capitalization before and after the reverse split takes place, and concluding that if the market capitilization remains stable, the reduced share count should result in a higher price per share. Looking at the IPI split history from start to finish, an original position size of shares would have turned into today.]

potash stock split

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