Dec 08, 2022
1:17
For every 17 shares held, investors received 1. The price per share adjusted from $0.01 to $0.26.
The split itself did not change the total investment value.
CZR Resources Ltd (ASX:CZR) operates in the Other metals/Minerals industry.
CZR Resources Ltd company overviewCZR Resources Ltd's most recent stock split was on December 8, 2022. It was a 1-for-17 reverse split, so shareholders received 1 share for every 17 they held.
CZR Resources Ltd (ASX:CZR) has split its stock 4 times: a 15-for-14 split on September 29, 2008, a 1-for-2 reverse split on February 2, 2011, a 42-for-41 split on October 7, 2022, and a 1-for-17 reverse split on December 8, 2022.
CZR Resources Ltd has split its stock 4 times. This history records 4 splits between September 29, 2008 and December 8, 2022.
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 CZR Resources Ltd's 1-for-17 reverse split on December 8, 2022, every 17 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.
CZR Resources Ltd has not announced a new split in our records. Its most recent split was on December 8, 2022, 3 years ago. Companies announce splits in advance, and any new ASX:CZR split will appear on this page.
Already premium?