Lac Gold Limited
AASX:LACLatest Stock Split
Dec 05, 2023
1:43
For every 43 shares held, investors received 1. The price per share adjusted from $0.01 to $0.21.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Dec 05, 2023Before$0.01Split ratio1:43After$0.21Reverse
- Sep 05, 2014Before—Split ratio1:20After—Reverse
About Lac Gold Limited stock splits
Lac Gold Limited (ASX:LAC) operates in the Precious metals industry.
Lac Gold Limited company overviewWhen did Lac Gold Limited stock split?
Lac Gold Limited's most recent stock split was on December 5, 2023. It was a 1-for-43 reverse split, so shareholders received 1 share for every 43 they held.
What is Lac Gold Limited's stock split history?
Lac Gold Limited (ASX:LAC) has split its stock 2 times: a 1-for-20 reverse split on September 5, 2014 and a 1-for-43 reverse split on December 5, 2023.
How many times has Lac Gold Limited stock split?
Lac Gold Limited has split its stock 2 times. This history records 2 reverse splits between September 5, 2014 and December 5, 2023.
What is a reverse stock split?
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 Lac Gold Limited's 1-for-43 reverse split on December 5, 2023, every 43 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.
Will Lac Gold Limited split its stock again?
Lac Gold Limited has not announced a new split in our records. Its most recent split was on December 5, 2023, 2 years ago. Companies announce splits in advance, and any new ASX:LAC split will appear on this page.