trending Market Intelligence /marketintelligence/en/news-insights/trending/Cd3ZAvunEGSriZ_8-R7HJQ2 content esgSubNav
Log in to other products


Looking for more?

Contact Us
In This List

Protech Home Medical to consolidate shares, change stock symbol


Q1 2021 Global Capital Markets Activity: SPAC IPOs, Issuance in Consumer Discretionary Sector Surge


COVID-19 Impact & Recovery: Private Equity

COVID-19 Impact & Recovery: Corporates


COVID-19 Impact & Recovery: Investment Banking

Protech Home Medical to consolidate shares, change stock symbol

Protech Home Medical Corp. said it will consolidate its common shares on a 1-for-5 basis and change its ticker symbol to PTQ from PHM.

The Cincinnati-based company's issued and outstanding common shares will reduce to about 83,529,704 from 417,648,518 after the consolidation.

The company's consolidated common shares will begin trading on the TSX Venture Exchange from Dec. 31, 2018, under the ticker PTQ.

The consolidation is meant to improve the company's stock price and encourage more investment, particularly from those investors whose internal policies discourage them from purchasing stocks trading below a certain minimum price.

Protech Home Medical provides and rents in-home monitoring equipment and services for patients in the U.S.