Dec 31, 2020
1:75
For every 75 shares held, investors received 1.
The split itself did not change the total investment value.
Union Star Metals Ltd (ASX:USM) operates in the Precious metals industry.
Union Star Metals Ltd company overviewUnion Star Metals Ltd's most recent stock split was on December 31, 2020. It was a 1-for-75 reverse split, so shareholders received 1 share for every 75 they held.
Union Star Metals Ltd (ASX:USM) has split its stock 3 times: a 1-for-5 reverse split on October 20, 2015, a 9-for-8 split on April 12, 2018, and a 1-for-75 reverse split on December 31, 2020.
Union Star Metals Ltd has split its stock 3 times. This history records 3 splits between October 20, 2015 and December 31, 2020.
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 Union Star Metals Ltd's 1-for-75 reverse split on December 31, 2020, every 75 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.
Union Star Metals Ltd has not announced a new split in our records. Its most recent split was on December 31, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:USM split will appear on this page.
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