Dec 12, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.13.
The split itself did not change the total investment value.
Aspire Mining Limited (ASX:AKM) operates in the Coal industry.
Aspire Mining Limited company overviewAspire Mining Limited's most recent stock split was on December 12, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Aspire Mining Limited (ASX:AKM) has split its stock 4 times: a 70-for-51 split on May 28, 2008, a 6-for-5 split on April 8, 2009, a 187-for-157 split on November 14, 2017, and a 1-for-10 reverse split on December 12, 2019.
Aspire Mining Limited has split its stock 4 times. This history records 4 splits between May 28, 2008 and December 12, 2019.
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 Aspire Mining Limited's 1-for-10 reverse split on December 12, 2019, every 10 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.
Aspire Mining Limited has not announced a new split in our records. Its most recent split was on December 12, 2019, 6 years ago. Companies announce splits in advance, and any new ASX:AKM split will appear on this page.
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