Nov 17, 2014
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
Immuron Limited (GETTEX:ANW) operates in the Pharmaceuticals: major industry.
Immuron Limited company overviewImmuron Limited's most recent stock split was on November 17, 2014. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Immuron Limited (GETTEX:ANW) has split its stock 3 times: a 10-for-7 split on April 2, 2013, a 102-for-91 split on January 28, 2014, and a 1-for-40 reverse split on November 17, 2014.
Immuron Limited has split its stock 3 times. This history records 3 splits between April 2, 2013 and November 17, 2014.
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 Immuron Limited's 1-for-40 reverse split on November 17, 2014, every 40 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.
Immuron Limited has not announced a new split in our records. Its most recent split was on November 17, 2014, 11 years ago. Companies announce splits in advance, and any new GETTEX:ANW split will appear on this page.
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