Sep 28, 2015
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $0.01 to $0.03.
The split itself did not change the total investment value.
Estrella Resources Limited (ASX:ESR) operates in the Other metals/Minerals industry.
Estrella Resources Limited company overviewEstrella Resources Limited's most recent stock split was on September 28, 2015. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Estrella Resources Limited (ASX:ESR) has split its stock 2 times: a 28-for-25 split on May 25, 2015 and a 1-for-4 reverse split on September 28, 2015.
Estrella Resources Limited has split its stock 2 times. This history records 2 splits between May 25, 2015 and September 28, 2015.
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 Estrella Resources Limited's 1-for-4 reverse split on September 28, 2015, every 4 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.
Estrella Resources Limited has not announced a new split in our records. Its most recent split was on September 28, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:ESR split will appear on this page.
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