Sep 14, 2017
1:6
For every 6 shares held, investors received 1. The price per share adjusted from $8.88 to $53.28.
The split itself did not change the total investment value.
Xenitra Limited (ASX:XEN) operates in the Internet retail industry.
Xenitra Limited company overviewXenitra Limited's most recent stock split was on September 14, 2017. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Xenitra Limited (ASX:XEN) has split its stock 4 times: a 740-for-687 split on February 6, 2013, a 23-for-20 split on January 13, 2015, a 1-for-40 reverse split on June 2, 2016, and a 1-for-6 reverse split on September 14, 2017.
Xenitra Limited has split its stock 4 times. This history records 4 splits between February 6, 2013 and September 14, 2017.
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 Xenitra Limited's 1-for-6 reverse split on September 14, 2017, every 6 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.
Xenitra Limited has not announced a new split in our records. Its most recent split was on September 14, 2017, 9 years ago. Companies announce splits in advance, and any new ASX:XEN split will appear on this page.
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