Mar 18, 2025
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $1.31 to $1.46.
The split itself did not change the total investment value.
Tower Limited (ASX:TWR) operates in the Property/Casualty insurance industry.
Tower Limited company overviewTower Limited's most recent stock split was on March 18, 2025. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Tower Limited (ASX:TWR) has split its stock 8 times: a 661-for-500 split on July 14, 2003, a 131-for-250 reverse split on November 13, 2006, a 1051-for-1000 split on September 3, 2009, a 10-for-13 reverse split on April 3, 2013, a 5-for-4 split on November 21, 2017, a 345-for-332 split on October 1, 2019, a 9-for-10 reverse split on March 7, 2022, and a 9-for-10 reverse split on March 18, 2025.
Tower Limited has split its stock 8 times. This history records 8 splits between July 14, 2003 and March 18, 2025.
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 Tower Limited's 9-for-10 reverse split on March 18, 2025, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Tower Limited has not announced a new split in our records. Its most recent split was on March 18, 2025, 1 year ago. Companies announce splits in advance, and any new ASX:TWR split will appear on this page.
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