Apr 17, 2020
1:30
For every 30 shares held, investors received 1. The price per share adjusted from $0.78 to $23.40.
The split itself did not change the total investment value.
Lark Distilling Co. Ltd. (ASX:LRK) operates in the Beverages: alcoholic industry.
Lark Distilling Co. Ltd. company overviewLark Distilling Co. Ltd.'s most recent stock split was on April 17, 2020. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
Lark Distilling Co. Ltd. (ASX:LRK) has split its stock 5 times: a 11-for-8 split on March 22, 2007, a 14-for-11 split on September 11, 2009, a 8-for-5 split on May 5, 2014, a 1-for-30 reverse split on December 2, 2016, and a 1-for-30 reverse split on April 17, 2020.
Lark Distilling Co. Ltd. has split its stock 5 times. This history records 5 splits between March 22, 2007 and April 17, 2020.
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 Lark Distilling Co. Ltd.'s 1-for-30 reverse split on April 17, 2020, every 30 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.
Lark Distilling Co. Ltd. has not announced a new split in our records. Its most recent split was on April 17, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:LRK split will appear on this page.
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