Sep 07, 2015
1:2
For every 2 shares held, investors received 1.
The split itself did not change the total investment value.
Timah Resources Ltd (ASX:TML) operates in the Electric utilities industry.
Timah Resources Ltd company overviewTimah Resources Ltd's most recent stock split was on September 7, 2015. It was a 1-for-2 reverse split, so shareholders received 1 share for every 2 they held.
Timah Resources Ltd has split its stock once. This history records one reverse split, on September 7, 2015.
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 Timah Resources Ltd's 1-for-2 reverse split on September 7, 2015, every 2 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.
Timah Resources Ltd has not announced a new split in our records. Its most recent split was on September 7, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:TML split will appear on this page.
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