Sep 27, 2024
1:500
For every 500 shares held, investors received 1. The price per share adjusted from $0.00 to $0.50.
The split itself did not change the total investment value.
Promisia Healthcare Limited (NZX:PHL) operates in the Biotechnology industry.
Promisia Healthcare Limited company overviewPromisia Healthcare Limited's most recent stock split was on September 27, 2024. It was a 1-for-500 reverse split, so shareholders received 1 share for every 500 they held.
Promisia Healthcare Limited (NZX:PHL) has split its stock 9 times: a 5-for-4 split on February 7, 1994, a 1-for-10 reverse split on October 9, 2000, a 2-for-1 split on July 22, 2002, a 68-for-39 split on September 16, 2002, a 6-for-5 split on April 7, 2003, a 56-for-41 split on November 13, 2015, a 121-for-116 split on November 24, 2016, a 5-for-2 split on December 3, 2018, and a 1-for-500 reverse split on September 27, 2024.
Promisia Healthcare Limited has split its stock 9 times. This history records 9 splits between February 7, 1994 and September 27, 2024.
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 Promisia Healthcare Limited's 1-for-500 reverse split on September 27, 2024, every 500 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.
Promisia Healthcare Limited has not announced a new split in our records. Its most recent split was on September 27, 2024, 2 years ago. Companies announce splits in advance, and any new NZX:PHL split will appear on this page.
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