Axtec Limited
AASX:AXILatest Stock Split
Aug 14, 2008
4691:5000
For every 5000 shares held, investors received 4691. The price per share adjusted from $0.07 to $0.07.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Aug 14, 2008Before$0.07Split ratio4691:5000After$0.07Reverse
- Dec 07, 1998Before$0.09Split ratio4667:5000After$0.10Reverse
About Axtec Limited stock splits
Axtec Limited (ASX:AXI) operates in the Real estate development industry.
Axtec Limited company overviewWhen did Axtec Limited stock split?
Axtec Limited's most recent stock split was on August 14, 2008. It was a 4691-for-5000 reverse split, so shareholders received 4691 shares for every 5000 they held.
What is Axtec Limited's stock split history?
Axtec Limited (ASX:AXI) has split its stock 2 times: a 4667-for-5000 reverse split on December 7, 1998 and a 4691-for-5000 reverse split on August 14, 2008.
How many times has Axtec Limited stock split?
Axtec Limited has split its stock 2 times. This history records 2 reverse splits between December 7, 1998 and August 14, 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 Axtec Limited's 4691-for-5000 reverse split on August 14, 2008, every 5000 shares became 4691 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Axtec Limited split its stock again?
Axtec Limited has not announced a new split in our records. Its most recent split was on August 14, 2008, 18 years ago. Companies announce splits in advance, and any new ASX:AXI split will appear on this page.