Mar 13, 2017
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.02 to $0.36.
The split itself did not change the total investment value.
Deep Yellow Limited (ASX:DYL) operates in the Other metals/Minerals industry.
Deep Yellow Limited company overviewDeep Yellow Limited's most recent stock split was on March 13, 2017. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Deep Yellow Limited (ASX:DYL) has split its stock 11 times: a 5-for-4 split on July 15, 1990, a 15-for-14 split on July 16, 1990, a 14-for-9 split on August 1, 1991, a 24-for-23 split on May 16, 1996, a 495-for-482 split on March 17, 2000, a 291-for-269 split on March 2, 2006, a 9-for-8 split on November 9, 2006, a 364-for-361 split on June 15, 2007, a 77-for-75 split on June 25, 2012, a 60-for-59 split on June 10, 2014, and a 1-for-20 reverse split on March 13, 2017.
Deep Yellow Limited has split its stock 11 times. This history records 11 splits between July 15, 1990 and March 13, 2017.
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 Deep Yellow Limited's 1-for-20 reverse split on March 13, 2017, 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.
Deep Yellow Limited has not announced a new split in our records. Its most recent split was on March 13, 2017, 9 years ago. Companies announce splits in advance, and any new ASX:DYL split will appear on this page.
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