Dec 04, 2013
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.25 to $2.50.
The split itself did not change the total investment value.
Austral Group SAA (BVL:AUSTRAC1) operates in the Food: meat/fish/dairy industry.
Austral Group SAA company overviewAustral Group SAA's most recent stock split was on December 4, 2013. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Austral Group SAA (BVL:AUSTRAC1) has split its stock 2 times: a 3-for-4 reverse split on October 28, 2004 and a 1-for-10 reverse split on December 4, 2013.
Austral Group SAA has split its stock 2 times. This history records 2 reverse splits between October 28, 2004 and December 4, 2013.
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 Austral Group SAA's 1-for-10 reverse split on December 4, 2013, 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.
Austral Group SAA has not announced a new split in our records. Its most recent split was on December 4, 2013, 12 years ago. Companies announce splits in advance, and any new BVL:AUSTRAC1 split will appear on this page.
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