Oct 06, 1999
17:16
For every 16 shares held, investors received 17. The price per share adjusted from $0.80 to $0.75.
The split itself did not change the total investment value.
Ariadne Australia Limited (ASX:ARA) operates in the Real estate development industry.
Ariadne Australia Limited company overviewAriadne Australia Limited's most recent stock split was on October 6, 1999. It was a 17-for-16 forward split, so shareholders received 17 shares for every 16 they held.
Ariadne Australia Limited (ASX:ARA) has split its stock 2 times: a 1-for-20 reverse split on December 28, 1994 and a 17-for-16 split on October 6, 1999.
Ariadne Australia Limited has split its stock 2 times. This history records 2 splits between December 28, 1994 and October 6, 1999.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Ariadne Australia Limited's 17-for-16 split on October 6, 1999, every 16 shares became 17 shares.
Ariadne Australia Limited has not announced a new split in our records. Its most recent split was on October 6, 1999, 27 years ago. Companies announce splits in advance, and any new ASX:ARA split will appear on this page.
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