Sep 13, 2021
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Invert Graphite Limited (ASX:IVG) operates in the Construction materials industry.
Invert Graphite Limited company overviewInvert Graphite Limited's most recent stock split was on September 13, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Invert Graphite Limited (ASX:IVG) has split its stock 7 times: a 24-for-23 split on March 2, 2007, a 15-for-13 split on February 4, 2009, a 253-for-250 split on April 19, 2011, a 1021-for-1000 split on March 1, 2013, a 1013-for-1000 split on February 6, 2015, a 28-for-27 split on March 29, 2016, and a 1-for-10 reverse split on September 13, 2021.
Invert Graphite Limited has split its stock 7 times. This history records 7 splits between March 2, 2007 and September 13, 2021.
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 Invert Graphite Limited's 1-for-10 reverse split on September 13, 2021, every 10 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.
Invert Graphite Limited has not announced a new split in our records. Its most recent split was on September 13, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:IVG split will appear on this page.
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