Nov 30, 2015
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $0.01 to $0.40.
The split itself did not change the total investment value.
Xref Ltd (ASX:XF1) operates in the Packaged software industry.
Xref Ltd company overviewXref Ltd's most recent stock split was on November 30, 2015. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Xref Ltd (ASX:XF1) has split its stock 2 times: a 5-for-4 split on October 22, 2014 and a 1-for-50 reverse split on November 30, 2015.
Xref Ltd has split its stock 2 times. This history records 2 splits between October 22, 2014 and November 30, 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 Xref Ltd's 1-for-50 reverse split on November 30, 2015, every 50 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.
Xref Ltd has not announced a new split in our records. Its most recent split was on November 30, 2015, 10 years ago. Companies announce splits in advance, and any new ASX:XF1 split will appear on this page.
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