Dec 06, 2024
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.11.
The split itself did not change the total investment value.
Gratifii Ltd (ASX:GTI) operates in the Steel industry.
Gratifii Ltd company overviewGratifii Ltd's most recent stock split was on December 6, 2024. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Gratifii Ltd (ASX:GTI) has split its stock 4 times: a 4-for-1 split on April 18, 2011, a 1-for-28 reverse split on May 3, 2017, a 37-for-32 split on September 10, 2024, and a 1-for-15 reverse split on December 6, 2024.
Gratifii Ltd has split its stock 4 times. This history records 4 splits between April 18, 2011 and December 6, 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 Gratifii Ltd's 1-for-15 reverse split on December 6, 2024, every 15 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.
Gratifii Ltd has not announced a new split in our records. Its most recent split was on December 6, 2024, 1 year ago. Companies announce splits in advance, and any new ASX:GTI split will appear on this page.
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