Sep 01, 2005
2:17
For every 17 shares held, investors received 2.
The split itself did not change the total investment value.
GreenX Metals Limited (ASX:GRX) operates in the Coal industry.
GreenX Metals Limited company overviewGreenX Metals Limited's most recent stock split was on September 1, 2005. It was a 2-for-17 reverse split, so shareholders received 2 shares for every 17 they held.
GreenX Metals Limited (ASX:GRX) has split its stock 2 times: a 58-for-55 split on November 25, 1993 and a 2-for-17 reverse split on September 1, 2005.
GreenX Metals Limited has split its stock 2 times. This history records 2 splits between November 25, 1993 and September 1, 2005.
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 GreenX Metals Limited's 2-for-17 reverse split on September 1, 2005, every 17 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
GreenX Metals Limited has not announced a new split in our records. Its most recent split was on September 1, 2005, 21 years ago. Companies announce splits in advance, and any new ASX:GRX split will appear on this page.
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