Jul 05, 2024
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.00 to $0.07.
The split itself did not change the total investment value.
Morella Corporation Limited (ASX:1MC) operates in the Other metals/Minerals industry.
Morella Corporation Limited company overviewMorella Corporation Limited's most recent stock split was on July 5, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Morella Corporation Limited (ASX:1MC) has split its stock 6 times: a 95-for-91 split on December 9, 2004, a 12287-for-10000 split on October 23, 2009, a 35-for-34 split on July 27, 2010, a 65-for-59 split on April 27, 2015, a 133-for-120 split on December 14, 2021, and a 1-for-25 reverse split on July 5, 2024.
Morella Corporation Limited has split its stock 6 times. This history records 6 splits between December 9, 2004 and July 5, 2024.
A reverse stock split combines several shares into one and raises the price per share by the same factor, so the total value of a holding does not change. In Morella Corporation Limited's 1-for-25 reverse split on July 5, 2024, every 25 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Morella Corporation Limited has not announced a new split in our records. Its most recent split was on July 5, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:1MC split will appear on this page.
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