Oct 19, 2016
1:11
For every 11 shares held, investors received 1. The price per share adjusted from $190.00 to $2090.00.
The split itself did not change the total investment value.
enX Group Limited (JSE:ENX) operates in the Wholesale distributors industry.
enX Group Limited company overviewenX Group Limited's most recent stock split was on October 19, 2016. It was a 1-for-11 reverse split, so shareholders received 1 share for every 11 they held.
enX Group Limited has split its stock once. This history records one reverse split, on October 19, 2016.
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 enX Group Limited's 1-for-11 reverse split on October 19, 2016, every 11 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.
enX Group Limited has not announced a new split in our records. Its most recent split was on October 19, 2016, 10 years ago. Companies announce splits in advance, and any new JSE:ENX split will appear on this page.
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