Dec 07, 2020
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.66 to $19.80.
The split itself did not change the total investment value.
Inoviq Ltd (ASX:IIQ) operates in the Medical/Nursing services industry.
Inoviq Ltd company overviewInoviq Ltd's most recent stock split was on December 7, 2020. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
Inoviq Ltd (ASX:IIQ) has split its stock 8 times: a 4667-for-5000 reverse split on May 23, 1988, a 1-for-10 reverse split on June 22, 1990, a 11429-for-10000 split on December 16, 1991, a 11111-for-10000 split on February 8, 1994, a 1-for-10 reverse split on September 15, 2008, a 46-for-45 split on November 21, 2018, a 121-for-120 split on June 20, 2019, and a 1-for-30 reverse split on December 7, 2020.
Inoviq Ltd has split its stock 8 times. This history records 8 splits between May 23, 1988 and December 7, 2020.
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 Inoviq Ltd's 1-for-30 reverse split on December 7, 2020, every 30 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.
Inoviq Ltd has not announced a new split in our records. Its most recent split was on December 7, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:IIQ split will appear on this page.
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