Oct 07, 2015
1:4
For every 4 shares held, investors received 1. The price per share adjusted from $1.45 to $5.80.
The split itself did not change the total investment value.
Anavex Life Sciences Corp. (NASDAQ:AVXL) operates in the Biotechnology industry.
Anavex Life Sciences Corp. company overviewAnavex Life Sciences Corp.'s most recent stock split was on October 7, 2015. It was a 1-for-4 reverse split, so shareholders received 1 share for every 4 they held.
Anavex Life Sciences Corp. (NASDAQ:AVXL) has split its stock 2 times: a 6-for-1 split on June 12, 2006 and a 1-for-4 reverse split on October 7, 2015.
Anavex Life Sciences Corp. has split its stock 2 times. This history records 2 splits between June 12, 2006 and October 7, 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 Anavex Life Sciences Corp.'s 1-for-4 reverse split on October 7, 2015, every 4 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.
Anavex Life Sciences Corp. has not announced a new split in our records. Its most recent split was on October 7, 2015, 11 years ago. Companies announce splits in advance, and any new NASDAQ:AVXL split will appear on this page.