Jun 30, 2020
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.45 to $9.00.
The split itself did not change the total investment value.
Avita Medical, Inc. (ASX:AVH) operates in the Medical specialties industry.
Avita Medical, Inc. company overviewAvita Medical, Inc.'s most recent stock split was on June 30, 2020. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Avita Medical, Inc. (ASX:AVH) has split its stock 6 times: a 2359-for-2000 split on January 6, 2000, a 1-for-3 reverse split on November 1, 2002, a 1-for-10 reverse split on June 10, 2008, a 88-for-87 split on June 20, 2016, a 177-for-158 split on October 17, 2017, and a 1-for-20 reverse split on June 30, 2020.
Avita Medical, Inc. has split its stock 6 times. This history records 6 splits between January 6, 2000 and June 30, 2020.
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 Avita Medical, Inc.'s 1-for-20 reverse split on June 30, 2020, every 20 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.
Avita Medical, Inc. has not announced a new split in our records. Its most recent split was on June 30, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:AVH split will appear on this page.