Nov 27, 2023
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.01 to $0.44.
The split itself did not change the total investment value.
Imagion Biosystems Ltd. (ASX:IBX) operates in the Medical specialties industry.
Imagion Biosystems Ltd. company overviewImagion Biosystems Ltd.'s most recent stock split was on November 27, 2023. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Imagion Biosystems Ltd. (ASX:IBX) has split its stock 3 times: a 9-for-8 split on October 3, 2018, a 35-for-33 split on March 27, 2020, and a 1-for-40 reverse split on November 27, 2023.
Imagion Biosystems Ltd. has split its stock 3 times. This history records 3 splits between October 3, 2018 and November 27, 2023.
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 Imagion Biosystems Ltd.'s 1-for-40 reverse split on November 27, 2023, every 40 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.
Imagion Biosystems Ltd. has not announced a new split in our records. Its most recent split was on November 27, 2023, 2 years ago. Companies announce splits in advance, and any new ASX:IBX split will appear on this page.
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