Jul 06, 2018
3:5
For every 5 shares held, investors received 3.
The split itself did not change the total investment value.
Pure One Corporation Limited (ASX:P1E) operates in the Oil & gas production industry.
Pure One Corporation Limited company overviewPure One Corporation Limited's most recent stock split was on July 6, 2018. It was a 3-for-5 reverse split, so shareholders received 3 shares for every 5 they held.
Pure One Corporation Limited (ASX:P1E) has split its stock 2 times: a 1-for-3 reverse split on November 17, 2016 and a 3-for-5 reverse split on July 6, 2018.
Pure One Corporation Limited has split its stock 2 times. This history records 2 reverse splits between November 17, 2016 and July 6, 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 Pure One Corporation Limited's 3-for-5 reverse split on July 6, 2018, every 5 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Pure One Corporation Limited has not announced a new split in our records. Its most recent split was on July 6, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:P1E split will appear on this page.
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