Jan 13, 2012
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.25 to $1.25.
The split itself did not change the total investment value.
Bisalloy Steel Group Ltd (ASX:BIS) operates in the Steel industry.
Bisalloy Steel Group Ltd company overviewBisalloy Steel Group Ltd's most recent stock split was on January 13, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Bisalloy Steel Group Ltd has split its stock once. This history records one reverse split, on January 13, 2012.
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 Bisalloy Steel Group Ltd's 1-for-5 reverse split on January 13, 2012, every 5 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.
Bisalloy Steel Group Ltd has not announced a new split in our records. Its most recent split was on January 13, 2012, 14 years ago. Companies announce splits in advance, and any new ASX:BIS split will appear on this page.
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