Jun 04, 2015
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.05 to $0.50.
The split itself did not change the total investment value.
Vmoto Limited (ASX:VMT) operates in the Motor vehicles industry.
Vmoto Limited company overviewVmoto Limited's most recent stock split was on June 4, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Vmoto Limited (ASX:VMT) has split its stock 2 times: a 1-for-10 reverse split on May 24, 2015 and a 1-for-10 reverse split on June 4, 2015.
Vmoto Limited has split its stock 2 times. This history records 2 reverse splits between May 24, 2015 and June 4, 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 Vmoto Limited's 1-for-10 reverse split on June 4, 2015, 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.
Vmoto Limited has not announced a new split in our records. Its most recent split was on June 4, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:VMT split will appear on this page.
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