Feb 22, 2021
1:40
For every 40 shares held, investors received 1. The price per share adjusted from $0.01 to $0.36.
The split itself did not change the total investment value.
Auscrete Corp (OTC:ASCK) operates in the Construction materials industry.
Auscrete Corp company overviewAuscrete Corp's most recent stock split was on February 22, 2021. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
Auscrete Corp (OTC:ASCK) has split its stock 4 times: a 1-for-100 reverse split on July 25, 2017, a 1-for-1000 reverse split on June 7, 2018, a 1-for-200 reverse split on November 14, 2019, and a 1-for-40 reverse split on February 22, 2021.
Auscrete Corp has split its stock 4 times. This history records 4 reverse splits between July 25, 2017 and February 22, 2021.
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 Auscrete Corp's 1-for-40 reverse split on February 22, 2021, every 40 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.
Auscrete Corp has not announced a new split in our records. Its most recent split was on February 22, 2021, 5 years ago. Companies announce splits in advance, and any new OTC:ASCK split will appear on this page.