Nov 05, 2014
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.30 to $30.00.
The split itself did not change the total investment value.
Elevate Uranium Ltd (ASX:EL8) operates in the Other metals/Minerals industry.
Elevate Uranium Ltd company overviewElevate Uranium Ltd's most recent stock split was on November 5, 2014. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Elevate Uranium Ltd (ASX:EL8) has split its stock 8 times: a 5-for-4 split on September 25, 1989, a 4-for-3 split on July 15, 1991, a 4-for-3 split on August 5, 1991, a 6-for-5 split on August 14, 1991, a 1-for-10 reverse split on February 8, 1996, a 204-for-199 split on November 8, 2010, a 42-for-41 split on April 13, 2012, and a 1-for-100 reverse split on November 5, 2014.
Elevate Uranium Ltd has split its stock 8 times. This history records 8 splits between September 25, 1989 and November 5, 2014.
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 Elevate Uranium Ltd's 1-for-100 reverse split on November 5, 2014, every 100 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.
Elevate Uranium Ltd has not announced a new split in our records. Its most recent split was on November 5, 2014, 11 years ago. Companies announce splits in advance, and any new ASX:EL8 split will appear on this page.
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