Jul 30, 2024
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Connected Minerals Limited (ASX:CML) operates in the Computer communications industry.
Connected Minerals Limited company overviewConnected Minerals Limited's most recent stock split was on July 30, 2024. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Connected Minerals Limited (ASX:CML) has split its stock 10 times: a 116-for-125 reverse split on July 11, 1990, a 46-for-37 split on July 9, 1999, a 1-for-10 reverse split on December 2, 2011, a 1-for-60 reverse split on December 23, 2015, a 9-for-8 split on August 29, 2018, a 1-for-10 reverse split on April 24, 2020, a 16-for-9 split on January 21, 2021, a 14-for-9 split on June 1, 2021, a 1-for-10 reverse split on July 15, 2021, and a 1-for-20 reverse split on July 30, 2024.
Connected Minerals Limited has split its stock 10 times. This history records 10 splits between July 11, 1990 and July 30, 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 Connected Minerals Limited's 1-for-20 reverse split on July 30, 2024, every 20 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.
Connected Minerals Limited has not announced a new split in our records. Its most recent split was on July 30, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:CML split will appear on this page.
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