Aug 04, 2016
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.01 to $0.17.
The split itself did not change the total investment value.
Harris Technology Group Limited (ASX:HT8) operates in the Electronics distributors industry.
Harris Technology Group Limited company overviewHarris Technology Group Limited's most recent stock split was on August 4, 2016. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Harris Technology Group Limited (ASX:HT8) has split its stock 6 times: a 13-for-9 split on October 15, 2001, a 1-for-4 reverse split on May 31, 2002, a 9-for-8 split on April 14, 2009, a 1-for-50 reverse split on February 13, 2012, a 8-for-7 split on March 6, 2012, and a 1-for-25 reverse split on August 4, 2016.
Harris Technology Group Limited has split its stock 6 times. This history records 6 splits between October 15, 2001 and August 4, 2016.
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 Harris Technology Group Limited's 1-for-25 reverse split on August 4, 2016, every 25 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.
Harris Technology Group Limited has not announced a new split in our records. Its most recent split was on August 4, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:HT8 split will appear on this page.
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