Jul 15, 2016
3:10
For every 10 shares held, investors received 3. The price per share adjusted from $0.01 to $0.03.
The split itself did not change the total investment value.
Botanix Pharmaceuticals Limited (ASX:BOT) operates in the Pharmaceuticals: major industry.
Botanix Pharmaceuticals Limited company overviewBotanix Pharmaceuticals Limited's most recent stock split was on July 15, 2016. It was a 3-for-10 reverse split, so shareholders received 3 shares for every 10 they held.
Botanix Pharmaceuticals Limited (ASX:BOT) has split its stock 6 times: a 72-for-67 split on March 11, 1987, a 17-for-12 split on August 30, 1988, a 1-for-3 reverse split on July 31, 2001, a 1-for-4 reverse split on September 3, 2004, a 1-for-50 reverse split on February 10, 2014, and a 3-for-10 reverse split on July 15, 2016.
Botanix Pharmaceuticals Limited has split its stock 6 times. This history records 6 splits between March 11, 1987 and July 15, 2016.
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 Botanix Pharmaceuticals Limited's 3-for-10 reverse split on July 15, 2016, every 10 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Botanix Pharmaceuticals Limited has not announced a new split in our records. Its most recent split was on July 15, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:BOT split will appear on this page.
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