Dec 22, 2020
17:20
For every 20 shares held, investors received 17.
The split itself did not change the total investment value.
Foresta Group Holdings Limited (ASX:FGH) operates in the Forest products industry.
Foresta Group Holdings Limited company overviewForesta Group Holdings Limited's most recent stock split was on December 22, 2020. It was a 17-for-20 reverse split, so shareholders received 17 shares for every 20 they held.
Foresta Group Holdings Limited (ASX:FGH) has split its stock 9 times: a 88-for-61 split on April 20, 2000, a 9-for-8 split on June 16, 2000, a 33-for-32 split on April 17, 2003, a 45-for-44 split on January 18, 2010, a 1-for-20 reverse split on June 2, 2010, a 6-for-5 split on February 7, 2012, a 21-for-19 split on August 21, 2013, a 105-for-103 split on August 2, 2019, and a 17-for-20 reverse split on December 22, 2020.
Foresta Group Holdings Limited has split its stock 9 times. This history records 9 splits between April 20, 2000 and December 22, 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 Foresta Group Holdings Limited's 17-for-20 reverse split on December 22, 2020, every 20 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Foresta Group Holdings Limited has not announced a new split in our records. Its most recent split was on December 22, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:FGH split will appear on this page.
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