Aug 09, 2018
1:75
For every 75 shares held, investors received 1.
The split itself did not change the total investment value.
Orcoda Limited (ASX:ODA) operates in the Packaged software industry.
Orcoda Limited company overviewOrcoda Limited's most recent stock split was on August 9, 2018. It was a 1-for-75 reverse split, so shareholders received 1 share for every 75 they held.
Orcoda Limited (ASX:ODA) has split its stock 5 times: a 51-for-46 split on June 5, 1990, a 45-for-44 split on April 4, 1996, a 13-for-12 split on November 5, 2004, a 18-for-17 split on January 7, 2010, and a 1-for-75 reverse split on August 9, 2018.
Orcoda Limited has split its stock 5 times. This history records 5 splits between June 5, 1990 and August 9, 2018.
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 Orcoda Limited's 1-for-75 reverse split on August 9, 2018, every 75 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.
Orcoda Limited has not announced a new split in our records. Its most recent split was on August 9, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:ODA split will appear on this page.
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