Argent Industrial Limited
Latest Stock Split
Aug 30, 1999
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Aug 30, 1999Before—Split ratio1:5After—Reverse
About Argent Industrial Limited stock splits
Argent Industrial Limited (JSE:ART) operates in the Metal fabrication industry.
Argent Industrial Limited company overviewWhen did Argent Industrial Limited stock split?
Argent Industrial Limited's most recent stock split was on August 30, 1999. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
How many times has Argent Industrial Limited stock split?
Argent Industrial Limited has split its stock once. This history records one reverse split, on August 30, 1999.
What is a reverse stock split?
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 Argent Industrial Limited's 1-for-5 reverse split on August 30, 1999, every 5 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.
Will Argent Industrial Limited split its stock again?
Argent Industrial Limited has not announced a new split in our records. Its most recent split was on August 30, 1999, 27 years ago. Companies announce splits in advance, and any new JSE:ART split will appear on this page.