Apr 09, 2020
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.11.
The split itself did not change the total investment value.
Centaurus Metals Limited (ASX:CTM) operates in the Precious metals industry.
Centaurus Metals Limited company overviewCentaurus Metals Limited's most recent stock split was on April 9, 2020. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Centaurus Metals Limited (ASX:CTM) has split its stock 8 times: a 4757-for-5000 reverse split on December 24, 1991, a 1237-for-1250 reverse split on May 27, 1997, a 1-for-3 reverse split on December 1, 1997, a 10109-for-10000 split on August 27, 2004, a 1-for-8 reverse split on October 5, 2011, a 6-for-5 split on October 19, 2016, a 14-for-13 split on July 19, 2017, and a 1-for-15 reverse split on April 9, 2020.
Centaurus Metals Limited has split its stock 8 times. This history records 8 splits between December 24, 1991 and April 9, 2020.
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 Centaurus Metals Limited's 1-for-15 reverse split on April 9, 2020, every 15 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.
Centaurus Metals Limited has not announced a new split in our records. Its most recent split was on April 9, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:CTM split will appear on this page.
Already premium?