Jul 18, 2006
1:8
For every 8 shares held, investors received 1.
The split itself did not change the total investment value.
Zicom Group Limited (ASX:ZGL) operates in the Industrial machinery industry.
Zicom Group Limited company overviewZicom Group Limited's most recent stock split was on July 18, 2006. It was a 1-for-8 reverse split, so shareholders received 1 share for every 8 they held.
Zicom Group Limited (ASX:ZGL) has split its stock 2 times: a 6-for-5 split on June 9, 2006 and a 1-for-8 reverse split on July 18, 2006.
Zicom Group Limited has split its stock 2 times. This history records 2 splits between June 9, 2006 and July 18, 2006.
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 Zicom Group Limited's 1-for-8 reverse split on July 18, 2006, every 8 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.
Zicom Group Limited has not announced a new split in our records. Its most recent split was on July 18, 2006, 20 years ago. Companies announce splits in advance, and any new ASX:ZGL split will appear on this page.
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