Jul 14, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.14 to $1.35.
The split itself did not change the total investment value.
COG Financial Services Limited (ASX:COG) operates in the Investment trusts industry.
COG Financial Services Limited company overviewCOG Financial Services Limited's most recent stock split was on July 14, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
COG Financial Services Limited (ASX:COG) has split its stock 7 times: a 20-for-17 split on December 9, 2010, a 33-for-31 split on March 18, 2015, a 25-for-24 split on December 1, 2015, a 28-for-27 split on August 29, 2016, a 65-for-64 split on May 16, 2017, a 112-for-111 split on November 15, 2019, and a 1-for-10 reverse split on July 14, 2021.
COG Financial Services Limited has split its stock 7 times. This history records 7 splits between December 9, 2010 and July 14, 2021.
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 COG Financial Services Limited's 1-for-10 reverse split on July 14, 2021, every 10 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.
COG Financial Services Limited has not announced a new split in our records. Its most recent split was on July 14, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:COG split will appear on this page.
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