Oct 05, 2020
9:8
For every 8 shares held, investors received 9. The price per share adjusted from $0.18 to $0.16.
The split itself did not change the total investment value.
Power Minerals Limited (ASX:PNN) operates in the Chemicals: agricultural industry.
Power Minerals Limited company overviewPower Minerals Limited's most recent stock split was on October 5, 2020. It was a 9-for-8 forward split, so shareholders received 9 shares for every 8 they held.
Power Minerals Limited (ASX:PNN) has split its stock 6 times: a 50-for-49 split on April 30, 2014, a 20-for-19 split on March 29, 2016, a 29-for-28 split on April 3, 2017, a 12-for-11 split on March 15, 2019, a 1-for-100 reverse split on September 9, 2020, and a 9-for-8 split on October 5, 2020.
Power Minerals Limited has split its stock 6 times. This history records 6 splits between April 30, 2014 and October 5, 2020.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Power Minerals Limited's 9-for-8 split on October 5, 2020, every 8 shares became 9 shares.
Power Minerals Limited has not announced a new split in our records. Its most recent split was on October 5, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:PNN split will appear on this page.
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