Apr 01, 2016
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
Tian An Australia Limited (ASX:TIA) operates in the Real estate development industry.
Tian An Australia Limited company overviewTian An Australia Limited's most recent stock split was on April 1, 2016. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Tian An Australia Limited (ASX:TIA) has split its stock 7 times: a 4-for-5 reverse split on August 21, 1996, a 11-for-8 split on January 25, 2001, a 1-for-5 reverse split on November 15, 2002, a 25-for-19 split on June 16, 2010, a 55-for-51 split on December 24, 2012, a 24-for-23 split on September 29, 2015, and a 1-for-100 reverse split on April 1, 2016.
Tian An Australia Limited has split its stock 7 times. This history records 7 splits between August 21, 1996 and April 1, 2016.
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 Tian An Australia Limited's 1-for-100 reverse split on April 1, 2016, every 100 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.
Tian An Australia Limited has not announced a new split in our records. Its most recent split was on April 1, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:TIA split will appear on this page.
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