Veris Limited
AASX:VRSLatest Stock Split
Sep 01, 2011
2:7
For every 7 shares held, investors received 2.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 01, 2011Before—Split ratio2:7After—Reverse
About Veris Limited stock splits
Veris Limited (ASX:VRS) operates in the Data processing services industry.
Veris Limited company overviewWhen did Veris Limited stock split?
Veris Limited's most recent stock split was on September 1, 2011. It was a 2-for-7 reverse split, so shareholders received 2 shares for every 7 they held.
How many times has Veris Limited stock split?
Veris Limited has split its stock once. This history records one reverse split, on September 1, 2011.
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 Veris Limited's 2-for-7 reverse split on September 1, 2011, every 7 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Veris Limited split its stock again?
Veris Limited has not announced a new split in our records. Its most recent split was on September 1, 2011, 15 years ago. Companies announce splits in advance, and any new ASX:VRS split will appear on this page.