May 03, 2022
2:5
For every 5 shares held, investors received 2.
The split itself did not change the total investment value.
WasteCo Group Limited (NZX:WCO) operates in the Trucking industry.
WasteCo Group Limited company overviewWasteCo Group Limited's most recent stock split was on May 3, 2022. It was a 2-for-5 reverse split, so shareholders received 2 shares for every 5 they held.
WasteCo Group Limited (NZX:WCO) has split its stock 2 times: a 1-for-20 reverse split on January 28, 2016 and a 2-for-5 reverse split on May 3, 2022.
WasteCo Group Limited has split its stock 2 times. This history records 2 reverse splits between January 28, 2016 and May 3, 2022.
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 WasteCo Group Limited's 2-for-5 reverse split on May 3, 2022, every 5 shares became 2 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
WasteCo Group Limited has not announced a new split in our records. Its most recent split was on May 3, 2022, 4 years ago. Companies announce splits in advance, and any new NZX:WCO split will appear on this page.
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