Jul 23, 2021
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
FAR Ltd (ASX:FAR) operates in the Integrated oil industry.
FAR Ltd company overviewFAR Ltd's most recent stock split was on July 23, 2021. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
FAR Ltd (ASX:FAR) has split its stock 3 times: a 1-for-5 reverse split on July 20, 1989, a 12-for-11 split on October 4, 1989, and a 1-for-100 reverse split on July 23, 2021.
FAR Ltd has split its stock 3 times. This history records 3 splits between July 20, 1989 and July 23, 2021.
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 FAR Ltd's 1-for-100 reverse split on July 23, 2021, every 100 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.
FAR Ltd has not announced a new split in our records. Its most recent split was on July 23, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:FAR split will appear on this page.
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