May 30, 2019
1:37
For every 37 shares held, investors received 1.
The split itself did not change the total investment value.
RPM Automotive Group Ltd. (ASX:RPM) operates in the Wholesale distributors industry.
RPM Automotive Group Ltd. company overviewRPM Automotive Group Ltd.'s most recent stock split was on May 30, 2019. It was a 1-for-37 reverse split, so shareholders received 1 share for every 37 they held.
RPM Automotive Group Ltd. (ASX:RPM) has split its stock 8 times: a 67-for-50 split on January 12, 1994, a 34-for-33 split on October 7, 1997, a 122-for-115 split on November 1, 2010, a 28-for-27 split on February 9, 2011, a 10-for-7 split on July 27, 2011, a 3-for-2 split on October 31, 2011, a 1-for-50 reverse split on November 28, 2013, and a 1-for-37 reverse split on May 30, 2019.
RPM Automotive Group Ltd. has split its stock 8 times. This history records 8 splits between January 12, 1994 and May 30, 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 RPM Automotive Group Ltd.'s 1-for-37 reverse split on May 30, 2019, every 37 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.
RPM Automotive Group Ltd. has not announced a new split in our records. Its most recent split was on May 30, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:RPM split will appear on this page.
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