Aug 08, 2018
236:217
For every 217 shares held, investors received 236. The price per share adjusted from $0.06 to $0.05.
The split itself did not change the total investment value.
Magmatic Resources Ltd. (ASX:MAG) operates in the Precious metals industry.
Magmatic Resources Ltd. company overviewMagmatic Resources Ltd.'s most recent stock split was on August 8, 2018. It was a 236-for-217 forward split, so shareholders received 236 shares for every 217 they held.
Magmatic Resources Ltd. has split its stock once. This history records one forward split, on August 8, 2018.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Magmatic Resources Ltd.'s 236-for-217 split on August 8, 2018, every 217 shares became 236 shares.
Magmatic Resources Ltd. has not announced a new split in our records. Its most recent split was on August 8, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:MAG split will appear on this page.
Already premium?