Oct 25, 2013
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.17 to $1.70.
The split itself did not change the total investment value.
Aspen Group Limited (ASX:APZ) operates in the Real estate investment trusts industry.
Aspen Group Limited company overviewAspen Group Limited's most recent stock split was on October 25, 2013. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Aspen Group Limited (ASX:APZ) has split its stock 8 times: a 19-for-16 split on April 14, 1987, a 1-for-10 reverse split on July 17, 2001, a 2-for-5 reverse split on August 13, 2002, a 1-for-5 reverse split on November 29, 2005, a 1027-for-1000 split on February 23, 2007, a 1079-for-1000 split on May 18, 2009, a 94-for-81 split on September 25, 2012, and a 1-for-10 reverse split on October 25, 2013.
Aspen Group Limited has split its stock 8 times. This history records 8 splits between April 14, 1987 and October 25, 2013.
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 Aspen Group Limited's 1-for-10 reverse split on October 25, 2013, 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.
Aspen Group Limited has not announced a new split in our records. Its most recent split was on October 25, 2013, 12 years ago. Companies announce splits in advance, and any new ASX:APZ split will appear on this page.
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