Dec 08, 2022
1:20
For every 20 shares held, investors received 1. The price per share adjusted from $0.31 to $6.29.
The split itself did not change the total investment value.
Locafy Limited (NASDAQ:LCFY) operates in the Packaged software industry.
Locafy Limited company overviewLocafy Limited's most recent stock split was on December 8, 2022. It was a 1-for-20 reverse split, so shareholders received 1 share for every 20 they held.
Locafy Limited has split its stock once. This history records one reverse split, on December 8, 2022.
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 Locafy Limited's 1-for-20 reverse split on December 8, 2022, every 20 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.
Locafy Limited has not announced a new split in our records. Its most recent split was on December 8, 2022, 3 years ago. Companies announce splits in advance, and any new NASDAQ:LCFY split will appear on this page.
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