Dec 16, 2016
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.09.
The split itself did not change the total investment value.
ActivEX Limited (ASX:AIV) operates in the Precious metals industry.
ActivEX Limited company overviewActivEX Limited's most recent stock split was on December 16, 2016. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
ActivEX Limited (ASX:AIV) has split its stock 6 times: a 13-for-12 split on June 10, 2009, a 22-for-21 split on April 27, 2011, a 136-for-121 split on May 6, 2013, a 21-for-20 split on January 8, 2014, a 30-for-29 split on May 6, 2016, and a 1-for-5 reverse split on December 16, 2016.
ActivEX Limited has split its stock 6 times. This history records 6 splits between June 10, 2009 and December 16, 2016.
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 ActivEX Limited's 1-for-5 reverse split on December 16, 2016, every 5 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.
ActivEX Limited has not announced a new split in our records. Its most recent split was on December 16, 2016, 9 years ago. Companies announce splits in advance, and any new ASX:AIV split will appear on this page.
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