Aug 30, 2024
1:30
For every 30 shares held, investors received 1.
The split itself did not change the total investment value.
Avant Brands Inc (GETTEX:1BU) operates in the Agricultural commodities/Milling industry.
Avant Brands Inc company overviewAvant Brands Inc's most recent stock split was on August 30, 2024. It was a 1-for-30 reverse split, so shareholders received 1 share for every 30 they held.
Avant Brands Inc (GETTEX:1BU) has split its stock 3 times: a 1-for-3 reverse split on June 13, 2017, a 1-for-12 reverse split on June 22, 2018, and a 1-for-30 reverse split on August 30, 2024.
Avant Brands Inc has split its stock 3 times. This history records 3 reverse splits between June 13, 2017 and August 30, 2024.
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 Avant Brands Inc's 1-for-30 reverse split on August 30, 2024, every 30 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.
Avant Brands Inc has not announced a new split in our records. Its most recent split was on August 30, 2024, 2 years ago. Companies announce splits in advance, and any new GETTEX:1BU split will appear on this page.
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