Apr 09, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.26 to $2.60.
The split itself did not change the total investment value.
Sunrise Energy Metals Limited (ASX:SRL) operates in the Industrial machinery industry.
Sunrise Energy Metals Limited company overviewSunrise Energy Metals Limited's most recent stock split was on April 9, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Sunrise Energy Metals Limited (ASX:SRL) has split its stock 3 times: a 351-for-347 split on September 6, 2011, a 209-for-208 split on July 29, 2015, and a 1-for-10 reverse split on April 9, 2021.
Sunrise Energy Metals Limited has split its stock 3 times. This history records 3 splits between September 6, 2011 and April 9, 2021.
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 Sunrise Energy Metals Limited's 1-for-10 reverse split on April 9, 2021, every 10 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.
Sunrise Energy Metals Limited has not announced a new split in our records. Its most recent split was on April 9, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:SRL split will appear on this page.
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