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    Real estate development
Magma Group Bhd

Magma Group Bhd

MMYX:MAGMA
0.27
MYR
+0.00
(-1.85%)

Latest Stock Split

Dec 06, 2022

1:5

For every 5 shares held, investors received 1. The price per share adjusted from $0.02 to $0.10.

The split itself did not change the total investment value.

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Stock Split History

  1. Dec 06, 2022
    Before$0.02
    Split ratio1:5
    After$0.10
    Reverse
  2. Feb 06, 2020
    Before$0.03
    Split ratio1:10
    After$0.30
    Reverse

About Magma Group Bhd stock splits

Magma Group Bhd (MYX:MAGMA) operates in the Real estate development industry.

Magma Group Bhd company overview

When did Magma Group Bhd stock split?

Magma Group Bhd's most recent stock split was on December 6, 2022. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.

What is Magma Group Bhd's stock split history?

Magma Group Bhd (MYX:MAGMA) has split its stock 2 times: a 1-for-10 reverse split on February 6, 2020 and a 1-for-5 reverse split on December 6, 2022.

How many times has Magma Group Bhd stock split?

Magma Group Bhd has split its stock 2 times. This history records 2 reverse splits between February 6, 2020 and December 6, 2022.

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 Magma Group Bhd's 1-for-5 reverse split on December 6, 2022, 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 Magma Group Bhd split its stock again?

Magma Group Bhd has not announced a new split in our records. Its most recent split was on December 6, 2022, 3 years ago. Companies announce splits in advance, and any new MYX:MAGMA split will appear on this page.