Dec 08, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.14 to $1.35.
The split itself did not change the total investment value.
Nova Minerals Corp (ASX:NVA) operates in the Precious metals industry.
Nova Minerals Corp company overviewNova Minerals Corp's most recent stock split was on December 8, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Nova Minerals Corp (ASX:NVA) has split its stock 5 times: a 2-for-1 split on May 28, 1997, a 7-for-4 split on June 18, 1997, a 4-for-3 split on June 1, 2009, a 1-for-13 reverse split on October 5, 2015, and a 1-for-10 reverse split on December 8, 2021.
Nova Minerals Corp has split its stock 5 times. This history records 5 splits between May 28, 1997 and December 8, 2021.
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 Nova Minerals Corp's 1-for-10 reverse split on December 8, 2021, 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.
Nova Minerals Corp has not announced a new split in our records. Its most recent split was on December 8, 2021, 4 years ago. Companies announce splits in advance, and any new ASX:NVA split will appear on this page.