Dec 10, 2004
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.62 to $3.10.
The split itself did not change the total investment value.
Challenger Limited (ASX:CGF) operates in the Life/Health insurance industry.
Challenger Limited company overviewChallenger Limited's most recent stock split was on December 10, 2004. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Challenger Limited (ASX:CGF) has split its stock 2 times: a 1-for-5 reverse split on November 25, 2004 and a 1-for-5 reverse split on December 10, 2004.
Challenger Limited has split its stock 2 times. This history records 2 reverse splits between November 25, 2004 and December 10, 2004.
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 Challenger Limited's 1-for-5 reverse split on December 10, 2004, 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.
Challenger Limited has not announced a new split in our records. Its most recent split was on December 10, 2004, 21 years ago. Companies announce splits in advance, and any new ASX:CGF split will appear on this page.
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