NextEd Group Limited
AASX:NXDLatest Stock Split
Dec 02, 2022
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $0.26 to $1.27.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Dec 02, 2022Before$0.26Split ratio1:5After$1.27Reverse
- Mar 18, 2014Before—Split ratio1:15After—Reverse
- Aug 29, 2012Before—Split ratio1:2After—Reverse
About NextEd Group Limited stock splits
NextEd Group Limited (ASX:NXD) operates in the Other consumer services industry.
NextEd Group Limited company overviewWhen did NextEd Group Limited stock split?
NextEd Group Limited's most recent stock split was on December 2, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
What is NextEd Group Limited's stock split history?
NextEd Group Limited (ASX:NXD) has split its stock 3 times: a 1-for-2 reverse split on August 29, 2012, a 1-for-15 reverse split on March 18, 2014, and a 1-for-5 reverse split on December 2, 2022.
How many times has NextEd Group Limited stock split?
NextEd Group Limited has split its stock 3 times. This history records 3 reverse splits between August 29, 2012 and December 2, 2022.
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 NextEd Group Limited's 1-for-5 reverse split on December 2, 2022, every 5 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 NextEd Group Limited split its stock again?
NextEd Group Limited has not announced a new split in our records. Its most recent split was on December 2, 2022, 3 years ago. Companies announce splits in advance, and any new ASX:NXD split will appear on this page.