Jul 17, 2024
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.00 to $0.40.
The split itself did not change the total investment value.
Cambium Bio Ltd (ASX:CMB) operates in the Biotechnology industry.
Cambium Bio Ltd company overviewCambium Bio Ltd's most recent stock split was on July 17, 2024. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Cambium Bio Ltd (ASX:CMB) has split its stock 2 times: a 133-for-130 split on August 9, 2019 and a 1-for-100 reverse split on July 17, 2024.
Cambium Bio Ltd has split its stock 2 times. This history records 2 splits between August 9, 2019 and July 17, 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 Cambium Bio Ltd's 1-for-100 reverse split on July 17, 2024, every 100 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.
Cambium Bio Ltd has not announced a new split in our records. Its most recent split was on July 17, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:CMB split will appear on this page.
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