Jul 30, 2015
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Zip Co Ltd. (ASX:ZIP) operates in the Finance/Rental/Leasing industry.
Zip Co Ltd. company overviewZip Co Ltd.'s most recent stock split was on July 30, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Zip Co Ltd. (ASX:ZIP) has split its stock 3 times: a 16-for-13 split on June 12, 2014, a 65-for-53 split on April 17, 2015, and a 1-for-10 reverse split on July 30, 2015.
Zip Co Ltd. has split its stock 3 times. This history records 3 splits between June 12, 2014 and July 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 Zip Co Ltd.'s 1-for-10 reverse split on July 30, 2015, every 10 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.
Zip Co Ltd. has not announced a new split in our records. Its most recent split was on July 30, 2015, 11 years ago. Companies announce splits in advance, and any new ASX:ZIP split will appear on this page.
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