Jul 02, 2021
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Jade Gas Holdings Limited (ASX:JGH) operates in the Integrated oil industry.
Jade Gas Holdings Limited company overviewJade Gas Holdings Limited's most recent stock split was on July 2, 2021. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Jade Gas Holdings Limited (ASX:JGH) has split its stock 6 times: a 10-for-9 split on October 17, 1997, a 4-for-3 split on August 21, 2006, a 1-for-100 reverse split on December 1, 2006, a 14-for-9 split on April 30, 2010, a 1-for-300 reverse split on November 16, 2016, and a 1-for-5 reverse split on July 2, 2021.
Jade Gas Holdings Limited has split its stock 6 times. This history records 6 splits between October 17, 1997 and July 2, 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 Jade Gas Holdings Limited's 1-for-5 reverse split on July 2, 2021, every 5 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.
Jade Gas Holdings Limited has not announced a new split in our records. Its most recent split was on July 2, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:JGH split will appear on this page.
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