Apr 04, 2012
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.69 to $3.47.
The split itself did not change the total investment value.
Goodman Group (ASX:GMG) operates in the Real estate investment trusts industry.
Goodman Group company overviewGoodman Group's most recent stock split was on April 4, 2012. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Goodman Group (ASX:GMG) has split its stock 3 times: a 543-for-500 split on October 23, 2008, a 98-for-89 split on August 6, 2009, and a 1-for-5 reverse split on April 4, 2012.
Goodman Group has split its stock 3 times. This history records 3 splits between October 23, 2008 and April 4, 2012.
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 Goodman Group's 1-for-5 reverse split on April 4, 2012, every 5 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.
Goodman Group has not announced a new split in our records. Its most recent split was on April 4, 2012, 14 years ago. Companies announce splits in advance, and any new ASX:GMG split will appear on this page.
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