Redline Communications Group Inc
TSX:RDL
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NSE:TIRUMALCHM
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RDL's latest stock split occurred on Jul 18, 2012
The company executed a 1-for-4 stock split, meaning that for every 4 shares held, investors received 1 new share.
Before the split, RDL traded at 0.87 per share. Afterward, the share price was about 3.64.
The adjusted shares began trading on Jul 18, 2012. This was the only stock split in RDL's history.
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Redline Communications Group Inc
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Redline Communications Group, Inc. is a holding company, which engages in the development and provision of wireless communications product and solutions. The company is headquartered in Markham, Ontario. The company went IPO on 2007-10-25. The firm develops broadband wireless base stations, subscriber stations and network management systems for point-to-point and point-to-multipoint applications for commercial end-users. Its solutions include Private Industrial Long-Term Evolution (iLTE), Industrial Internet of things (IoT), Fixed Wireless Access, Push-To-Talk, Rapidly Deployable Networks, and ultra-high frequency (UHF)/television (TV) White Space. In addition, the Company also offers a range of services, including project management, front end engineering and design, installation support, and wireless network management. Its networks are used by oil and gas companies onshore and offshore, mining companies on surface and underground operations, by municipalities to remotely monitor infrastructure, and by specialized telecom service providers to deliver services.
ROG
002315