Dec 08, 2021
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $6.00 to $3000.00.
The split itself did not change the total investment value.
Aveng Limited (JSE:AEG) operates in the Engineering & construction industry.
Aveng Limited company overviewAveng Limited's most recent stock split was on December 8, 2021. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Aveng Limited (JSE:AEG) has split its stock 5 times: a 219-for-250 reverse split on February 18, 2008, a 169-for-73 split on June 13, 2018, a 130-for-97 split on February 24, 2021, a 202-for-189 split on May 19, 2021, and a 1-for-500 reverse split on December 8, 2021.
Aveng Limited has split its stock 5 times. This history records 5 splits between February 18, 2008 and December 8, 2021.
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 Aveng Limited's 1-for-500 reverse split on December 8, 2021, every 500 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.
Aveng Limited has not announced a new split in our records. Its most recent split was on December 8, 2021, 4 years ago. Companies announce splits in advance, and any new JSE:AEG split will appear on this page.
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