Oct 26, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.01.
The split itself did not change the total investment value.
Amara Minerals Limited (ASX:AM3) operates in the Precious metals industry.
Amara Minerals Limited company overviewAmara Minerals Limited's most recent stock split was on October 26, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Amara Minerals Limited (ASX:AM3) has split its stock 5 times: a 4-for-3 split on April 6, 2009, a 10-for-9 split on August 12, 2009, a 69-for-68 split on October 1, 2013, a 9-for-8 split on December 17, 2018, and a 1-for-10 reverse split on October 26, 2022.
Amara Minerals Limited has split its stock 5 times. This history records 5 splits between April 6, 2009 and October 26, 2022.
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 Amara Minerals Limited's 1-for-10 reverse split on October 26, 2022, 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.
Amara Minerals Limited has not announced a new split in our records. Its most recent split was on October 26, 2022, 3 years ago. Companies announce splits in advance, and any new ASX:AM3 split will appear on this page.
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