Dec 01, 2014
284:289
For every 289 shares held, investors received 284. The price per share adjusted from $41.42 to $42.15.
The split itself did not change the total investment value.
Wesfarmers Limited (ASX:WES) operates in the Home improvement chains industry.
Wesfarmers Limited company overviewWesfarmers Limited's most recent stock split was on December 1, 2014. It was a 284-for-289 reverse split, so shareholders received 284 shares for every 289 they held.
Wesfarmers Limited (ASX:WES) has split its stock 7 times: a 4-for-3 split on March 10, 1987, a 2-for-1 split on January 3, 1989, a 93-for-92 split on September 25, 1989, a 167-for-163 split on April 28, 2008, a 1053-for-1000 split on January 22, 2009, a 2469-for-2500 reverse split on November 11, 2013, and a 284-for-289 reverse split on December 1, 2014.
Wesfarmers Limited has split its stock 7 times. This history records 7 splits between March 10, 1987 and December 1, 2014.
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 Wesfarmers Limited's 284-for-289 reverse split on December 1, 2014, every 289 shares became 284 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Wesfarmers Limited has not announced a new split in our records. Its most recent split was on December 1, 2014, 11 years ago. Companies announce splits in advance, and any new ASX:WES split will appear on this page.
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