Aug 19, 2019
1:25
For every 25 shares held, investors received 1. The price per share adjusted from $0.00 to $0.03.
The split itself did not change the total investment value.
RareX Limited (ASX:REE) operates in the Precious metals industry.
RareX Limited company overviewRareX Limited's most recent stock split was on August 19, 2019. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
RareX Limited (ASX:REE) has split its stock 4 times: a 135-for-124 split on May 12, 2009, a 92-for-85 split on July 13, 2010, a 64-for-15 split on April 14, 2016, and a 1-for-25 reverse split on August 19, 2019.
RareX Limited has split its stock 4 times. This history records 4 splits between May 12, 2009 and August 19, 2019.
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 RareX Limited's 1-for-25 reverse split on August 19, 2019, every 25 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.
RareX Limited has not announced a new split in our records. Its most recent split was on August 19, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:REE split will appear on this page.
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