Mar 02, 2018
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
PTR Minerals Limited (ASX:PTR) operates in the Other metals/Minerals industry.
PTR Minerals Limited company overviewPTR Minerals Limited's most recent stock split was on March 2, 2018. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
PTR Minerals Limited (ASX:PTR) has split its stock 6 times: a 148-for-141 split on September 24, 2012, a 7-for-6 split on October 14, 2013, a 6-for-5 split on February 9, 2015, a 14-for-13 split on December 21, 2015, a 1-for-10 reverse split on November 24, 2016, and a 1-for-2 reverse split on March 2, 2018.
PTR Minerals Limited has split its stock 6 times. This history records 6 splits between September 24, 2012 and March 2, 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 PTR Minerals Limited's 1-for-2 reverse split on March 2, 2018, every 2 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.
PTR Minerals Limited has not announced a new split in our records. Its most recent split was on March 2, 2018, 8 years ago. Companies announce splits in advance, and any new ASX:PTR split will appear on this page.
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