Oct 27, 1998
3937:5000
For every 5000 shares held, investors received 3937.
The split itself did not change the total investment value.
Telstra Group Limited (ASX:TLS) operates in the Wireless telecommunications industry.
Telstra Group Limited company overviewTelstra Group Limited's most recent stock split was on October 27, 1998. It was a 3937-for-5000 reverse split, so shareholders received 3937 shares for every 5000 they held.
Telstra Group Limited has split its stock once. This history records one reverse split, on October 27, 1998.
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 Telstra Group Limited's 3937-for-5000 reverse split on October 27, 1998, every 5000 shares became 3937 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Telstra Group Limited has not announced a new split in our records. Its most recent split was on October 27, 1998, 27 years ago. Companies announce splits in advance, and any new ASX:TLS split will appear on this page.
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