Jun 21, 2004
1:100
For every 100 shares held, investors received 1.
The split itself did not change the total investment value.
African Media Entertainment Limited (JSE:AME) operates in the Broadcasting industry.
African Media Entertainment Limited company overviewAfrican Media Entertainment Limited's most recent stock split was on June 21, 2004. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
African Media Entertainment Limited (JSE:AME) has split its stock 2 times: a 28-for-25 split on October 12, 1987 and a 1-for-100 reverse split on June 21, 2004.
African Media Entertainment Limited has split its stock 2 times. This history records 2 splits between October 12, 1987 and June 21, 2004.
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 African Media Entertainment Limited's 1-for-100 reverse split on June 21, 2004, every 100 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.
African Media Entertainment Limited has not announced a new split in our records. Its most recent split was on June 21, 2004, 22 years ago. Companies announce splits in advance, and any new JSE:AME split will appear on this page.
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