Dec 08, 2022
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.00 to $0.05.
The split itself did not change the total investment value.
Everest Metals Corporation Limited (ASX:EMC) operates in the Precious metals industry.
Everest Metals Corporation Limited company overviewEverest Metals Corporation Limited's most recent stock split was on December 8, 2022. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Everest Metals Corporation Limited (ASX:EMC) has split its stock 4 times: a 32-for-31 split on May 15, 2009, a 77-for-75 split on December 7, 2010, a 10-for-7 split on September 5, 2022, and a 1-for-50 reverse split on December 8, 2022.
Everest Metals Corporation Limited has split its stock 4 times. This history records 4 splits between May 15, 2009 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 Everest Metals Corporation Limited's 1-for-50 reverse split on December 8, 2022, every 50 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.
Everest Metals Corporation Limited 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:EMC split will appear on this page.
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