Dec 18, 2020
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.17 to $1.32.
The split itself did not change the total investment value.
Embark Early Education Limited (ASX:EVO) operates in the Other consumer services industry.
Embark Early Education Limited company overviewEmbark Early Education Limited's most recent stock split was on December 18, 2020. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Embark Early Education Limited (ASX:EVO) has split its stock 2 times: a 207-for-97 split on May 13, 2019 and a 1-for-8 reverse split on December 18, 2020.
Embark Early Education Limited has split its stock 2 times. This history records 2 splits between May 13, 2019 and December 18, 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 Embark Early Education Limited's 1-for-8 reverse split on December 18, 2020, every 8 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.
Embark Early Education Limited has not announced a new split in our records. Its most recent split was on December 18, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:EVO split will appear on this page.
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