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    Semiconductors
Archer Materials Limited

Archer Materials Limited

0.18
AUD
+0.00
(-2.78%)
-0.02EPS
79.00MMarket Cap

Latest Stock Split

Feb 07, 2008

519:625

For every 625 shares held, investors received 519. The price per share adjusted from $0.17 to $0.20.

The split itself did not change the total investment value.

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Stock Split History

  1. Feb 07, 2008
    Before$0.17
    Split ratio519:625
    After$0.20
    Reverse

About Archer Materials Limited stock splits

Archer Materials Limited (ASX:AXE) operates in the Semiconductors industry.

Archer Materials Limited company overview

When did Archer Materials Limited stock split?

Archer Materials Limited's most recent stock split was on February 7, 2008. It was a 519-for-625 reverse split, so shareholders received 519 shares for every 625 they held.

How many times has Archer Materials Limited stock split?

Archer Materials Limited has split its stock once. This history records one reverse split, on February 7, 2008.

What is a reverse stock split?

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 Archer Materials Limited's 519-for-625 reverse split on February 7, 2008, every 625 shares became 519 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Archer Materials Limited split its stock again?

Archer Materials Limited has not announced a new split in our records. Its most recent split was on February 7, 2008, 18 years ago. Companies announce splits in advance, and any new ASX:AXE split will appear on this page.