Dec 04, 2014
1:15
For every 15 shares held, investors received 1. The price per share adjusted from $0.03 to $0.50.
The split itself did not change the total investment value.
Prestal Holdings Limited (ASX:PTL) operates in the Household/Personal care industry.
Prestal Holdings Limited company overviewPrestal Holdings Limited's most recent stock split was on December 4, 2014. It was a 1-for-15 reverse split, so shareholders received 1 share for every 15 they held.
Prestal Holdings Limited (ASX:PTL) has split its stock 3 times: a 2039-for-2000 split on July 24, 2007, a 32-for-25 split on November 7, 2012, and a 1-for-15 reverse split on December 4, 2014.
Prestal Holdings Limited has split its stock 3 times. This history records 3 splits between July 24, 2007 and December 4, 2014.
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 Prestal Holdings Limited's 1-for-15 reverse split on December 4, 2014, every 15 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.
Prestal Holdings Limited has not announced a new split in our records. Its most recent split was on December 4, 2014, 11 years ago. Companies announce splits in advance, and any new ASX:PTL split will appear on this page.
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