Apr 26, 2022
1:20
For every 20 shares held, investors received 1.
The split itself did not change the total investment value.
Terra Metals Limited (ASX:TM1) operates in the Precious metals industry.
Terra Metals Limited company overviewTerra Metals Limited's most recent stock split was on April 26, 2022. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Terra Metals Limited (ASX:TM1) has split its stock 2 times: a 268-for-245 split on May 21, 2018 and a 1-for-20 reverse split on April 26, 2022.
Terra Metals Limited has split its stock 2 times. This history records 2 splits between May 21, 2018 and April 26, 2022.
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 Terra Metals Limited's 1-for-20 reverse split on April 26, 2022, every 20 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.
Terra Metals Limited has not announced a new split in our records. Its most recent split was on April 26, 2022, 4 years ago. Companies announce splits in advance, and any new ASX:TM1 split will appear on this page.