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Turners Automotive Group Ltd

Turners Automotive Group Ltd

7.00
AUD
+0.01
(+0.14%)
0.35EPS
19.87P/E
635.29MMarket Cap
Dec 02Next Earn

Latest Stock Split

Mar 21, 2016

1:10

For every 10 shares held, investors received 1.

The split itself did not change the total investment value.

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Stock Split History

  1. Mar 21, 2016
    Before—
    Split ratio1:10
    After—
    Reverse

About Turners Automotive Group Ltd stock splits

Turners Automotive Group Ltd (ASX:TRA) operates in the Finance/Rental/Leasing industry.

Turners Automotive Group Ltd company overview

When did Turners Automotive Group Ltd stock split?

Turners Automotive Group Ltd's most recent stock split was on March 21, 2016. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.

How many times has Turners Automotive Group Ltd stock split?

Turners Automotive Group Ltd has split its stock once. This history records one reverse split, on March 21, 2016.

What is a reverse stock split?

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 Turners Automotive Group Ltd's 1-for-10 reverse split on March 21, 2016, every 10 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.

Will Turners Automotive Group Ltd split its stock again?

Turners Automotive Group Ltd has not announced a new split in our records. Its most recent split was on March 21, 2016, 10 years ago. Companies announce splits in advance, and any new ASX:TRA split will appear on this page.