Mar 05, 2012
1:50
For every 50 shares held, investors received 1. The price per share adjusted from $4.00 to $200.00.
The split itself did not change the total investment value.
Vunani Limited (JSE:VUN) operates in the Investment managers industry.
Vunani Limited company overviewVunani Limited's most recent stock split was on March 5, 2012. It was a 1-for-50 reverse split, so shareholders received 1 share for every 50 they held.
Vunani Limited has split its stock once. This history records one reverse split, on March 5, 2012.
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 Vunani Limited's 1-for-50 reverse split on March 5, 2012, every 50 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.
Vunani Limited has not announced a new split in our records. Its most recent split was on March 5, 2012, 14 years ago. Companies announce splits in advance, and any new JSE:VUN split will appear on this page.
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