May 30, 2013
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Kaili Resources Limited (ASX:KLR) operates in the Precious metals industry.
Kaili Resources Limited company overviewKaili Resources Limited's most recent stock split was on May 30, 2013. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Kaili Resources Limited (ASX:KLR) has split its stock 5 times: a 11-for-10 split on March 5, 1998, a 11-for-10 split on March 16, 1999, a 7-for-5 split on September 26, 2001, a 1-for-10 reverse split on August 20, 2004, and a 1-for-5 reverse split on May 30, 2013.
Kaili Resources Limited has split its stock 5 times. This history records 5 splits between March 5, 1998 and May 30, 2013.
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 Kaili Resources Limited's 1-for-5 reverse split on May 30, 2013, 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.
Kaili Resources Limited has not announced a new split in our records. Its most recent split was on May 30, 2013, 13 years ago. Companies announce splits in advance, and any new ASX:KLR split will appear on this page.
Already premium?