Dec 15, 2005
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.11 to $1.10.
The split itself did not change the total investment value.
Macquarie Technology Group Limited (ASX:MAQ) operates in the Specialty telecommunications industry.
Macquarie Technology Group Limited company overviewMacquarie Technology Group Limited's most recent stock split was on December 15, 2005. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Macquarie Technology Group Limited (ASX:MAQ) has split its stock 2 times: a 1-for-10 reverse split on November 29, 2005 and a 1-for-10 reverse split on December 15, 2005.
Macquarie Technology Group Limited has split its stock 2 times. This history records 2 reverse splits between November 29, 2005 and December 15, 2005.
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 Macquarie Technology Group Limited's 1-for-10 reverse split on December 15, 2005, 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.
Macquarie Technology Group Limited has not announced a new split in our records. Its most recent split was on December 15, 2005, 20 years ago. Companies announce splits in advance, and any new ASX:MAQ split will appear on this page.
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