Dec 03, 2019
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.20 to $1.00.
The split itself did not change the total investment value.
Capricorn Metals Ltd (ASX:CMM) operates in the Precious metals industry.
Capricorn Metals Ltd company overviewCapricorn Metals Ltd's most recent stock split was on December 3, 2019. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Capricorn Metals Ltd (ASX:CMM) has split its stock 3 times: a 395-for-384 split on November 29, 2010, a 83-for-80 split on April 8, 2019, and a 1-for-5 reverse split on December 3, 2019.
Capricorn Metals Ltd has split its stock 3 times. This history records 3 splits between November 29, 2010 and December 3, 2019.
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 Capricorn Metals Ltd's 1-for-5 reverse split on December 3, 2019, 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.
Capricorn Metals Ltd has not announced a new split in our records. Its most recent split was on December 3, 2019, 6 years ago. Companies announce splits in advance, and any new ASX:CMM split will appear on this page.
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