Apr 03, 2020
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.03 to $0.27.
The split itself did not change the total investment value.
Emerald Resources NL (ASX:EMR) operates in the Precious metals industry.
Emerald Resources NL company overviewEmerald Resources NL's most recent stock split was on April 3, 2020. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Emerald Resources NL (ASX:EMR) has split its stock 6 times: a 8889-for-10000 reverse split on August 15, 1996, a 5-for-4 split on April 22, 1998, a 41-for-40 split on May 11, 1998, a 25-for-49 reverse split on December 6, 2005, a 343-for-335 split on August 10, 2010, and a 1-for-10 reverse split on April 3, 2020.
Emerald Resources NL has split its stock 6 times. This history records 6 splits between August 15, 1996 and April 3, 2020.
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 Emerald Resources NL's 1-for-10 reverse split on April 3, 2020, 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.
Emerald Resources NL has not announced a new split in our records. Its most recent split was on April 3, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:EMR split will appear on this page.
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