Apr 09, 2018
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Acrow Limited (ASX:ACF) operates in the Engineering & construction industry.
Acrow Limited company overviewAcrow Limited's most recent stock split was on April 9, 2018. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Acrow Limited (ASX:ACF) has split its stock 3 times: a 1-for-50 reverse split on November 24, 2015, a 1-for-50 reverse split on April 18, 2016, and a 1-for-20 reverse split on April 9, 2018.
Acrow Limited has split its stock 3 times. This history records 3 reverse splits between November 24, 2015 and April 9, 2018.
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 Acrow Limited's 1-for-20 reverse split on April 9, 2018, every 20 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.
Acrow Limited has not announced a new split in our records. Its most recent split was on April 9, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:ACF split will appear on this page.
Already premium?