Jun 02, 2020
430:399
For every 399 shares held, investors received 430. The price per share adjusted from $0.09 to $0.08.
The split itself did not change the total investment value.
GBM Resources Limited (ASX:GBM) operates in the Precious metals industry.
GBM Resources Limited company overviewGBM Resources Limited's most recent stock split was on June 2, 2020. It was a 430-for-399 forward split, so shareholders received 430 shares for every 399 they held.
GBM Resources Limited (ASX:GBM) has split its stock 4 times: a 15-for-11 split on May 20, 2009, a 63-for-59 split on November 24, 2015, a 1-for-10 reverse split on December 6, 2019, and a 430-for-399 split on June 2, 2020.
GBM Resources Limited has split its stock 4 times. This history records 4 splits between May 20, 2009 and June 2, 2020.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In GBM Resources Limited's 430-for-399 split on June 2, 2020, every 399 shares became 430 shares.
GBM Resources Limited has not announced a new split in our records. Its most recent split was on June 2, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:GBM split will appear on this page.
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