Aug 19, 2020
11:20
For every 20 shares held, investors received 11.
The split itself did not change the total investment value.
Stakk Ltd (ASX:SKK) operates in the Packaged software industry.
Stakk Ltd company overviewStakk Ltd's most recent stock split was on August 19, 2020. It was a 11-for-20 reverse split, so shareholders received 11 shares for every 20 they held.
Stakk Ltd (ASX:SKK) has split its stock 3 times: a 49-for-13 split on December 10, 2010, a 1-for-500 reverse split on May 27, 2014, and a 11-for-20 reverse split on August 19, 2020.
Stakk Ltd has split its stock 3 times. This history records 3 splits between December 10, 2010 and August 19, 2020.
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 Stakk Ltd's 11-for-20 reverse split on August 19, 2020, every 20 shares became 11 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Stakk Ltd has not announced a new split in our records. Its most recent split was on August 19, 2020, 6 years ago. Companies announce splits in advance, and any new ASX:SKK split will appear on this page.
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