Sep 11, 2023
450:377
For every 377 shares held, investors received 450. The price per share adjusted from $1.27 to $1.07.
The split itself did not change the total investment value.
EROAD Limited (ASX:ERD) operates in the Packaged software industry.
EROAD Limited company overviewEROAD Limited's most recent stock split was on September 11, 2023. It was a 450-for-377 forward split, so shareholders received 450 shares for every 377 they held.
EROAD Limited has split its stock once. This history records one forward split, on September 11, 2023.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In EROAD Limited's 450-for-377 split on September 11, 2023, every 377 shares became 450 shares.
EROAD Limited has not announced a new split in our records. Its most recent split was on September 11, 2023, 3 years ago. Companies announce splits in advance, and any new ASX:ERD split will appear on this page.
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