Dec 12, 2016
3:50
For every 50 shares held, investors received 3.
The split itself did not change the total investment value.
Bubs Australia Ltd. (OTC:BUBSF) operates in the Food distributors industry.
Bubs Australia Ltd. company overviewBubs Australia Ltd.'s most recent stock split was on December 12, 2016. It was a 3-for-50 reverse split, so shareholders received 3 shares for every 50 they held.
Bubs Australia Ltd. (OTC:BUBSF) has split its stock 3 times: a 1-for-2 reverse split on November 1, 1999, a 1-for-3 reverse split on November 10, 2004, and a 3-for-50 reverse split on December 12, 2016.
Bubs Australia Ltd. has split its stock 3 times. This history records 3 reverse splits between November 1, 1999 and December 12, 2016.
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 Bubs Australia Ltd.'s 3-for-50 reverse split on December 12, 2016, every 50 shares became 3 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Bubs Australia Ltd. has not announced a new split in our records. Its most recent split was on December 12, 2016, 9 years ago. Companies announce splits in advance, and any new OTC:BUBSF split will appear on this page.
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