Jul 28, 2021
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.01 to $0.11.
The split itself did not change the total investment value.
Turaco Gold Ltd (ASX:TCG) operates in the Precious metals industry.
Turaco Gold Ltd company overviewTuraco Gold Ltd's most recent stock split was on July 28, 2021. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Turaco Gold Ltd (ASX:TCG) has split its stock 4 times: a 44-for-43 split on June 24, 2009, a 16-for-15 split on July 20, 2015, a 5-for-4 split on February 26, 2016, and a 1-for-10 reverse split on July 28, 2021.
Turaco Gold Ltd has split its stock 4 times. This history records 4 splits between June 24, 2009 and July 28, 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 Turaco Gold Ltd's 1-for-10 reverse split on July 28, 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.
Turaco Gold Ltd has not announced a new split in our records. Its most recent split was on July 28, 2021, 5 years ago. Companies announce splits in advance, and any new ASX:TCG split will appear on this page.
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