Dec 05, 2018
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.02 to $0.90.
The split itself did not change the total investment value.
Locality Planning Energy Holdings Limited (ASX:LPE) operates in the Electric utilities industry.
Locality Planning Energy Holdings Limited company overviewLocality Planning Energy Holdings Limited's most recent stock split was on December 5, 2018. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Locality Planning Energy Holdings Limited (ASX:LPE) has split its stock 2 times: a 1-for-50 reverse split on November 26, 2018 and a 1-for-50 reverse split on December 5, 2018.
Locality Planning Energy Holdings Limited has split its stock 2 times. This history records 2 reverse splits between November 26, 2018 and December 5, 2018.
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 Locality Planning Energy Holdings Limited's 1-for-50 reverse split on December 5, 2018, every 50 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.
Locality Planning Energy Holdings Limited has not announced a new split in our records. Its most recent split was on December 5, 2018, 7 years ago. Companies announce splits in advance, and any new ASX:LPE split will appear on this page.
Already premium?