May 06, 2024
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.01 to $0.07.
The split itself did not change the total investment value.
Infocus Group Holdings Limited (ASX:IFG) operates in the Packaged software industry.
Infocus Group Holdings Limited company overviewInfocus Group Holdings Limited's most recent stock split was on May 6, 2024. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Infocus Group Holdings Limited (ASX:IFG) has split its stock 6 times: a 12-for-11 split on July 16, 2009, a 1-for-20 reverse split on October 23, 2014, a 4-for-3 split on May 16, 2018, a 1-for-50 reverse split on August 7, 2019, a 9-for-8 split on September 9, 2022, and a 1-for-15 reverse split on May 6, 2024.
Infocus Group Holdings Limited has split its stock 6 times. This history records 6 splits between July 16, 2009 and May 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 Infocus Group Holdings Limited's 1-for-15 reverse split on May 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.
Infocus Group Holdings Limited has not announced a new split in our records. Its most recent split was on May 6, 2024, 2 years ago. Companies announce splits in advance, and any new ASX:IFG split will appear on this page.
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