Aug 25, 2005
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $10.00 to $100.00.
The split itself did not change the total investment value.
PT Tanah Laut Tbk (IDX:INDX) operates in the Internet software/Services industry.
PT Tanah Laut Tbk company overviewPT Tanah Laut Tbk's most recent stock split was on August 25, 2005. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
PT Tanah Laut Tbk has split its stock once. This history records one reverse split, on August 25, 2005.
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 PT Tanah Laut Tbk's 1-for-10 reverse split on August 25, 2005, 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.
PT Tanah Laut Tbk has not announced a new split in our records. Its most recent split was on August 25, 2005, 21 years ago. Companies announce splits in advance, and any new IDX:INDX split will appear on this page.
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