Jun 18, 2012
1:18
For every 18 shares held, investors received 1.
The split itself did not change the total investment value.
Enero Group Limited (ASX:EGG) operates in the Advertising/Marketing services industry.
Enero Group Limited company overviewEnero Group Limited's most recent stock split was on June 18, 2012. It was a 1-for-18 reverse split, so shareholders received 1 share for every 18 they held.
Enero Group Limited (ASX:EGG) has split its stock 2 times: a 10343-for-10000 split on June 6, 2008 and a 1-for-18 reverse split on June 18, 2012.
Enero Group Limited has split its stock 2 times. This history records 2 splits between June 6, 2008 and June 18, 2012.
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 Enero Group Limited's 1-for-18 reverse split on June 18, 2012, every 18 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.
Enero Group Limited has not announced a new split in our records. Its most recent split was on June 18, 2012, 14 years ago. Companies announce splits in advance, and any new ASX:EGG split will appear on this page.
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