Oct 16, 2019
1:8
For every 8 shares held, investors received 1. The price per share adjusted from $0.00 to $0.02.
The split itself did not change the total investment value.
Trek Metals Ltd Registered Chess Depositary Interests repr 1 (ASX:TKM) operates in the Other metals/Minerals industry.
Trek Metals Ltd Registered Chess Depositary Interests repr 1 company overviewTrek Metals Ltd Registered Chess Depositary Interests repr 1's most recent stock split was on October 16, 2019. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Trek Metals Ltd Registered Chess Depositary Interests repr 1 (ASX:TKM) has split its stock 7 times: a 4827-for-5000 reverse split on August 5, 2008, a 24-for-23 split on December 5, 2011, a 25-for-23 split on August 22, 2012, a 1-for-100 reverse split on December 20, 2013, a 36-for-35 split on May 28, 2015, a 1-for-4 reverse split on August 31, 2016, and a 1-for-8 reverse split on October 16, 2019.
Trek Metals Ltd Registered Chess Depositary Interests repr 1 has split its stock 7 times. This history records 7 splits between August 5, 2008 and October 16, 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 Trek Metals Ltd Registered Chess Depositary Interests repr 1's 1-for-8 reverse split on October 16, 2019, every 8 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.
Trek Metals Ltd Registered Chess Depositary Interests repr 1 has not announced a new split in our records. Its most recent split was on October 16, 2019, 7 years ago. Companies announce splits in advance, and any new ASX:TKM split will appear on this page.
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