Globe International Limited

Globe International Limited

AASX:GLB
2.82
AUD
+0.06
(+2.17%)
0.28EPS
9.76P/E
111.95MMarket Cap

Latest Stock Split

Jun 04, 2007

1:10

For every 10 shares held, investors received 1. The price per share adjusted from $0.28 to $2.75.

The split itself did not change the total investment value.

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Stock Split History

  1. Jun 04, 2007
    Before$0.28
    Split ratio1:10
    After$2.75
    Reverse

About Globe International Limited stock splits

Globe International Limited (ASX:GLB) operates in the Apparel/Footwear industry.

Globe International Limited company overview

When did Globe International Limited stock split?

Globe International Limited's most recent stock split was on June 4, 2007. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

How many times has Globe International Limited stock split?

Globe International Limited has split its stock once. This history records one reverse split, on June 4, 2007.

What is a reverse stock split?

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 Globe International Limited's 1-for-10 reverse split on June 4, 2007, every 10 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.

Will Globe International Limited split its stock again?

Globe International Limited has not announced a new split in our records. Its most recent split was on June 4, 2007, 19 years ago. Companies announce splits in advance, and any new ASX:GLB split will appear on this page.