Dec 01, 2009
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Resources & Energy Group Limited (ASX:REZ) operates in the Precious metals industry.
Resources & Energy Group Limited company overviewResources & Energy Group Limited's most recent stock split was on December 1, 2009. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Resources & Energy Group Limited (ASX:REZ) has split its stock 2 times: a 6-for-5 split on June 24, 2009 and a 1-for-5 reverse split on December 1, 2009.
Resources & Energy Group Limited has split its stock 2 times. This history records 2 splits between June 24, 2009 and December 1, 2009.
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 Resources & Energy Group Limited's 1-for-5 reverse split on December 1, 2009, every 5 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.
Resources & Energy Group Limited has not announced a new split in our records. Its most recent split was on December 1, 2009, 16 years ago. Companies announce splits in advance, and any new ASX:REZ split will appear on this page.
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