Apr 15, 2002
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Growthpoint Properties Limited (FRA:G5JA) operates in the Real estate investment trusts industry.
Growthpoint Properties Limited company overviewGrowthpoint Properties Limited's most recent stock split was on April 15, 2002. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Growthpoint Properties Limited has split its stock once. This history records one reverse split, on April 15, 2002.
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 Growthpoint Properties Limited's 1-for-5 reverse split on April 15, 2002, every 5 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.
Growthpoint Properties Limited has not announced a new split in our records. Its most recent split was on April 15, 2002, 24 years ago. Companies announce splits in advance, and any new FRA:G5JA split will appear on this page.
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