Apr 30, 2015
159:200
For every 200 shares held, investors received 159.
The split itself did not change the total investment value.
Meridian Energy Limited (ASX:MEZ) operates in the Alternative power generation industry.
Meridian Energy Limited company overviewMeridian Energy Limited's most recent stock split was on April 30, 2015. It was a 159-for-200 reverse split, so shareholders received 159 shares for every 200 they held.
Meridian Energy Limited has split its stock once. This history records one reverse split, on April 30, 2015.
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 Meridian Energy Limited's 159-for-200 reverse split on April 30, 2015, every 200 shares became 159 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Meridian Energy Limited has not announced a new split in our records. Its most recent split was on April 30, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:MEZ split will appear on this page.
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