Dec 11, 2024
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.07 to $2.88.
The split itself did not change the total investment value.
Retail Food Group Limited (ASX:RFG) operates in the Restaurants industry.
Retail Food Group Limited company overviewRetail Food Group Limited's most recent stock split was on December 11, 2024. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Retail Food Group Limited has split its stock once. This history records one reverse split, on December 11, 2024.
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 Retail Food Group Limited's 1-for-40 reverse split on December 11, 2024, every 40 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.
Retail Food Group Limited has not announced a new split in our records. Its most recent split was on December 11, 2024, 1 year ago. Companies announce splits in advance, and any new ASX:RFG split will appear on this page.
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