Dec 05, 2024
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.14 to $1.40.
The split itself did not change the total investment value.
Boom Logistics Ltd (ASX:BOL) operates in the Finance/Rental/Leasing industry.
Boom Logistics Ltd company overviewBoom Logistics Ltd's most recent stock split was on December 5, 2024. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Boom Logistics Ltd (ASX:BOL) has split its stock 2 times: a 94-for-77 split on November 20, 2009 and a 1-for-10 reverse split on December 5, 2024.
Boom Logistics Ltd has split its stock 2 times. This history records 2 splits between November 20, 2009 and December 5, 2024.
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 Boom Logistics Ltd's 1-for-10 reverse split on December 5, 2024, every 10 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.
Boom Logistics Ltd has not announced a new split in our records. Its most recent split was on December 5, 2024, 1 year ago. Companies announce splits in advance, and any new ASX:BOL split will appear on this page.
Already premium?