Aug 04, 2022
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
Moab Minerals Limited (ASX:MOM) operates in the Other metals/Minerals industry.
Moab Minerals Limited company overviewMoab Minerals Limited's most recent stock split was on August 4, 2022. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
Moab Minerals Limited (ASX:MOM) has split its stock 4 times: a 12-for-11 split on April 1, 1992, a 1-for-15 reverse split on July 31, 1995, a 8-for-5 split on September 21, 2009, and a 2-for-5 reverse split on August 4, 2022.
Moab Minerals Limited has split its stock 4 times. This history records 4 splits between April 1, 1992 and August 4, 2022.
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 Moab Minerals Limited's 2-for-5 reverse split on August 4, 2022, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Moab Minerals Limited has not announced a new split in our records. Its most recent split was on August 4, 2022, 4 years ago. Companies announce splits in advance, and any new ASX:MOM split will appear on this page.
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