Sep 09, 2019
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
EchoIQ Limited (ASX:EIQ) operates in the Other metals/Minerals industry.
EchoIQ Limited company overviewEchoIQ Limited's most recent stock split was on September 9, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
EchoIQ Limited (ASX:EIQ) has split its stock 2 times: a 240-for-227 split on December 10, 2015 and a 1-for-10 reverse split on September 9, 2019.
EchoIQ Limited has split its stock 2 times. This history records 2 splits between December 10, 2015 and September 9, 2019.
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 EchoIQ Limited's 1-for-10 reverse split on September 9, 2019, 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.
EchoIQ Limited has not announced a new split in our records. Its most recent split was on September 9, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:EIQ split will appear on this page.
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