1. Australia Stocks

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    Non-energy minerals

  3. •

    Other metals/Minerals
Magontec Limited

Magontec Limited

AASX:MGL
0.20
AUD
-0.02
(-9.09%)
-0.09EPS
13.39MMarket Cap
Mar 01Next Earn

Latest Stock Split

Aug 26, 2021

1:15

For every 15 shares held, investors received 1. The price per share adjusted from $0.02 to $0.27.

The split itself did not change the total investment value.

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Stock Split History

  1. Aug 26, 2021
    Before$0.02
    Split ratio1:15
    After$0.27
    Reverse
  2. Jul 21, 2009
    Before—
    Split ratio26:23
    After—
    Forward
  3. Oct 05, 2005
    Before—
    Split ratio1:20
    After—
    Reverse
  4. Jul 27, 2000
    Before—
    Split ratio1:5
    After—
    Reverse
  5. Sep 07, 1999
    Before—
    Split ratio27:25
    After—
    Forward
  6. Jun 26, 1996
    Before—
    Split ratio11333:10000
    After—
    Forward
  7. Jan 04, 1994
    Before—
    Split ratio2:1
    After—
    Forward

About Magontec Limited stock splits

Magontec Limited (ASX:MGL) operates in the Other metals/Minerals industry.

Magontec Limited company overview

When did Magontec Limited stock split?

Magontec Limited's most recent stock split was on August 26, 2021. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.

What is Magontec Limited's stock split history?

Magontec Limited (ASX:MGL) has split its stock 7 times: a 2-for-1 split on January 4, 1994, a 11333-for-10000 split on June 26, 1996, a 27-for-25 split on September 7, 1999, a 1-for-5 reverse split on July 27, 2000, a 1-for-20 reverse split on October 5, 2005, a 26-for-23 split on July 21, 2009, and a 1-for-15 reverse split on August 26, 2021.

How many times has Magontec Limited stock split?

Magontec Limited has split its stock 7 times. This history records 7 splits between January 4, 1994 and August 26, 2021.

What is a reverse stock split?

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 Magontec Limited's 1-for-15 reverse split on August 26, 2021, every 15 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.

Will Magontec Limited split its stock again?

Magontec Limited has not announced a new split in our records. Its most recent split was on August 26, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:MGL split will appear on this page.