Oct 17, 2023
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.10.
The split itself did not change the total investment value.
Lachlan Star Limited (ASX:LSA) operates in the Other metals/Minerals industry.
Lachlan Star Limited company overviewLachlan Star Limited's most recent stock split was on October 17, 2023. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Lachlan Star Limited (ASX:LSA) has split its stock 6 times: a 7-for-1 split on April 14, 1987, a 1-for-15 reverse split on February 6, 2006, a 33-for-32 split on November 19, 2010, a 1-for-60 reverse split on June 15, 2011, a 1-for-5 reverse split on March 21, 2018, and a 1-for-10 reverse split on October 17, 2023.
Lachlan Star Limited has split its stock 6 times. This history records 6 splits between April 14, 1987 and October 17, 2023.
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 Lachlan Star Limited's 1-for-10 reverse split on October 17, 2023, every 10 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.
Lachlan Star Limited has not announced a new split in our records. Its most recent split was on October 17, 2023, 3 years ago. Companies announce splits in advance, and any new ASX:LSA split will appear on this page.
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