May 28, 2024
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
FMR Resources Limited (ASX:FMR) operates in the Other metals/Minerals industry.
FMR Resources Limited company overviewFMR Resources Limited's most recent stock split was on May 28, 2024. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
FMR Resources Limited (ASX:FMR) has split its stock 6 times: a 26-for-23 split on March 31, 2015, a 7-for-5 split on March 12, 2019, a 24-for-23 split on May 18, 2020, a 117-for-97 split on July 5, 2021, a 1-for-20 reverse split on November 30, 2022, and a 1-for-25 reverse split on May 28, 2024.
FMR Resources Limited has split its stock 6 times. This history records 6 splits between March 31, 2015 and May 28, 2024.
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 FMR Resources Limited's 1-for-25 reverse split on May 28, 2024, every 25 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.
FMR Resources Limited has not announced a new split in our records. Its most recent split was on May 28, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:FMR split will appear on this page.
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