1. Australia Stocks

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    Process industries

  3. •

    Textiles
Merino & Co Limited

Merino & Co Limited

AASX:MNC
0.09
AUD
0.00
(0.00%)
0.01EPS
Feb 26Next Earn

Latest Stock Split

Oct 04, 2019

1:40

For every 40 shares held, investors received 1. The price per share adjusted from $0.08 to $3.20.

The split itself did not change the total investment value.

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Stock Split History

  1. Oct 04, 2019
    Before$0.08
    Split ratio1:40
    After$3.20
    Reverse
  2. Mar 27, 2018
    Before$0.40
    Split ratio23:12
    After$0.21
    Forward
  3. Jan 05, 2017
    Before$2.09
    Split ratio1:50
    After$104.35
    Reverse

About Merino & Co Limited stock splits

Merino & Co Limited (ASX:MNC) operates in the Textiles industry.

Merino & Co Limited company overview

When did Merino & Co Limited stock split?

Merino & Co Limited's most recent stock split was on October 4, 2019. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.

What is Merino & Co Limited's stock split history?

Merino & Co Limited (ASX:MNC) has split its stock 3 times: a 1-for-50 reverse split on January 5, 2017, a 23-for-12 split on March 27, 2018, and a 1-for-40 reverse split on October 4, 2019.

How many times has Merino & Co Limited stock split?

Merino & Co Limited has split its stock 3 times. This history records 3 splits between January 5, 2017 and October 4, 2019.

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 Merino & Co Limited's 1-for-40 reverse split on October 4, 2019, every 40 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 Merino & Co Limited split its stock again?

Merino & Co Limited has not announced a new split in our records. Its most recent split was on October 4, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:MNC split will appear on this page.