Nov 29, 2018
1:12
For every 12 shares held, investors received 1.
The split itself did not change the total investment value.
DevEx Resources Ltd (GETTEX:BUU) operates in the Other metals/Minerals industry.
DevEx Resources Ltd company overviewDevEx Resources Ltd's most recent stock split was on November 29, 2018. It was a 1-for-12 reverse split, so shareholders received 1 share for every 12 they held.
DevEx Resources Ltd (GETTEX:BUU) has split its stock 6 times: a 80-for-79 split on February 10, 2005, a 36-for-35 split on November 11, 2011, a 24-for-23 split on July 24, 2014, a 36-for-35 split on July 8, 2015, a 39-for-34 split on January 11, 2018, and a 1-for-12 reverse split on November 29, 2018.
DevEx Resources Ltd has split its stock 6 times. This history records 6 splits between February 10, 2005 and November 29, 2018.
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 DevEx Resources Ltd's 1-for-12 reverse split on November 29, 2018, every 12 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.
DevEx Resources Ltd has not announced a new split in our records. Its most recent split was on November 29, 2018, 7 years ago. Companies announce splits in advance, and any new GETTEX:BUU split will appear on this page.
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