Tower Limited

Tower Limited

2.09
NZD
+0.03
(+1.46%)
0.23EPS
7.53P/E
599.47MMarket Cap
Nov 26Next Earn

Latest Stock Split

Mar 18, 2025

9:10

For every 10 shares held, investors received 9. The price per share adjusted from $1.43 to $1.59.

The split itself did not change the total investment value.

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Stock Split History

  1. Mar 18, 2025
    Before$1.43
    Split ratio9:10
    After$1.59
    Reverse
  2. Mar 07, 2022
    Before$0.70
    Split ratio9:10
    After$0.78
    Reverse
  3. Oct 01, 2019
    Before$0.69
    Split ratio345:332
    After$0.66
    Forward
  4. Nov 21, 2017
    Before$0.70
    Split ratio5:4
    After$0.56
    Forward
  5. Apr 03, 2013
    Before$1.90
    Split ratio10:13
    After$2.47
    Reverse
  6. Sep 03, 2009
    Before$1.69
    Split ratio1051:1000
    After$1.61
    Forward
  7. Nov 13, 2006
    Before$3.28
    Split ratio523:1000
    After$6.27
    Reverse
  8. Jul 14, 2003
    Before$1.57
    Split ratio661:500
    After$1.19
    Forward

About Tower Limited stock splits

Tower Limited (NZX:TWR) operates in the Property/Casualty insurance industry.

Tower Limited company overview

When did Tower Limited stock split?

Tower Limited's most recent stock split was on March 18, 2025. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.

What is Tower Limited's stock split history?

Tower Limited (NZX:TWR) has split its stock 8 times: a 661-for-500 split on July 14, 2003, a 523-for-1000 reverse split on November 13, 2006, a 1051-for-1000 split on September 3, 2009, a 10-for-13 reverse split on April 3, 2013, a 5-for-4 split on November 21, 2017, a 345-for-332 split on October 1, 2019, a 9-for-10 reverse split on March 7, 2022, and a 9-for-10 reverse split on March 18, 2025.

How many times has Tower Limited stock split?

Tower Limited has split its stock 8 times. This history records 8 splits between July 14, 2003 and March 18, 2025.

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 Tower Limited's 9-for-10 reverse split on March 18, 2025, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Tower Limited split its stock again?

Tower Limited has not announced a new split in our records. Its most recent split was on March 18, 2025, 1 year ago. Companies announce splits in advance, and any new NZX:TWR split will appear on this page.