Mar 06, 2007
2:13
For every 13 shares held, investors received 2.
The split itself did not change the total investment value.
Australian Wealth Advisors Group Ltd. (ASX:WAG) operates in the Investment managers industry.
Australian Wealth Advisors Group Ltd. company overviewAustralian Wealth Advisors Group Ltd.'s most recent stock split was on March 6, 2007. It was a 2-for-13 reverse split, so shareholders received 2 shares for every 13 they held.
Australian Wealth Advisors Group Ltd. (ASX:WAG) has split its stock 3 times: a 1-for-5 reverse split on August 10, 2000, a 1-for-13 reverse split on June 21, 2002, and a 2-for-13 reverse split on March 6, 2007.
Australian Wealth Advisors Group Ltd. has split its stock 3 times. This history records 3 reverse splits between August 10, 2000 and March 6, 2007.
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 Australian Wealth Advisors Group Ltd.'s 2-for-13 reverse split on March 6, 2007, every 13 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.
Australian Wealth Advisors Group Ltd. has not announced a new split in our records. Its most recent split was on March 6, 2007, 19 years ago. Companies announce splits in advance, and any new ASX:WAG split will appear on this page.
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