Aug 05, 2019
1:12
For every 12 shares held, investors received 1. The price per share adjusted from $0.01 to $0.08.
The split itself did not change the total investment value.
Auravelle Metals Limited (ASX:AUV) operates in the Precious metals industry.
Auravelle Metals Limited company overviewAuravelle Metals Limited's most recent stock split was on August 5, 2019. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
Auravelle Metals Limited (ASX:AUV) has split its stock 3 times: a 4861-for-5000 reverse split on October 25, 1990, a 84-for-83 split on December 2, 1991, and a 1-for-12 reverse split on August 5, 2019.
Auravelle Metals Limited has split its stock 3 times. This history records 3 splits between October 25, 1990 and August 5, 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 Auravelle Metals Limited's 1-for-12 reverse split on August 5, 2019, every 12 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.
Auravelle Metals Limited has not announced a new split in our records. Its most recent split was on August 5, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:AUV split will appear on this page.
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