Sep 29, 2016
1:300
For every 300 shares held, investors received 1.
The split itself did not change the total investment value.
Associate Global Partners Limited (ASX:APL) operates in the Investment managers industry.
Associate Global Partners Limited company overviewAssociate Global Partners Limited's most recent stock split was on September 29, 2016. It was a 1-for-300 reverse split, so shareholders received 1 share for every 300 they held.
Associate Global Partners Limited (ASX:APL) has split its stock 3 times: a 22-for-21 split on August 5, 2009, a 18-for-17 split on November 22, 2010, and a 1-for-300 reverse split on September 29, 2016.
Associate Global Partners Limited has split its stock 3 times. This history records 3 splits between August 5, 2009 and September 29, 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 Associate Global Partners Limited's 1-for-300 reverse split on September 29, 2016, every 300 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.
Associate Global Partners Limited has not announced a new split in our records. Its most recent split was on September 29, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:APL split will appear on this page.
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