Aug 13, 2019
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.55 to $5.50.
The split itself did not change the total investment value.
PGG Wrightson Limited (NZX:PGW) operates in the Miscellaneous commercial services industry.
PGG Wrightson Limited company overviewPGG Wrightson Limited's most recent stock split was on August 13, 2019. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
PGG Wrightson Limited (NZX:PGW) has split its stock 5 times: a 9-for-8 split on October 12, 1992, a 9-for-8 split on October 10, 1994, a 9-for-8 split on October 10, 2005, a 1156-for-949 split on November 27, 2009, and a 1-for-10 reverse split on August 13, 2019.
PGG Wrightson Limited has split its stock 5 times. This history records 5 splits between October 12, 1992 and August 13, 2019.
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 PGG Wrightson Limited's 1-for-10 reverse split on August 13, 2019, every 10 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.
PGG Wrightson Limited has not announced a new split in our records. Its most recent split was on August 13, 2019, 7 years ago. Companies announce splits in advance, and any new NZX:PGW split will appear on this page.
Already premium?