Jun 16, 2015
91:100
For every 100 shares held, investors received 91. The price per share adjusted from $2.57 to $2.82.
The split itself did not change the total investment value.
GWA Group Limited (ASX:GWA) operates in the Home furnishings industry.
GWA Group Limited company overviewGWA Group Limited's most recent stock split was on June 16, 2015. It was a 91-for-100 reverse split, so shareholders received 91 shares for every 100 they held.
GWA Group Limited (ASX:GWA) has split its stock 2 times: a 10153-for-10000 split on March 19, 1999 and a 91-for-100 reverse split on June 16, 2015.
GWA Group Limited has split its stock 2 times. This history records 2 splits between March 19, 1999 and June 16, 2015.
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 GWA Group Limited's 91-for-100 reverse split on June 16, 2015, every 100 shares became 91 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
GWA Group Limited has not announced a new split in our records. Its most recent split was on June 16, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:GWA split will appear on this page.
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