RTO Limited
NNZX:RTOLatest Stock Split
Sep 02, 2024
8:589
For every 589 shares held, investors received 8. The price per share adjusted from $0.01 to $0.44.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Sep 02, 2024Before$0.01Split ratio8:589After$0.44Reverse
About RTO Limited stock splits
RTO Limited (NZX:RTO) operates in the Finance/Rental/Leasing industry.
RTO Limited company overviewWhen did RTO Limited stock split?
RTO Limited's most recent stock split was on September 2, 2024. It was a 8-for-589 reverse split, so shareholders received 8 shares for every 589 they held.
How many times has RTO Limited stock split?
RTO Limited has split its stock once. This history records one reverse split, on September 2, 2024.
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 RTO Limited's 8-for-589 reverse split on September 2, 2024, every 589 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will RTO Limited split its stock again?
RTO Limited has not announced a new split in our records. Its most recent split was on September 2, 2024, 2 years ago. Companies announce splits in advance, and any new NZX:RTO split will appear on this page.