Jul 30, 2015
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.34 to $3.40.
The split itself did not change the total investment value.
SITO MOBILE LTD (OTC:STTO) operates in the Advertising/Marketing services industry.
SITO MOBILE LTD company overviewSITO MOBILE LTD's most recent stock split was on July 30, 2015. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
SITO MOBILE LTD (OTC:STTO) has split its stock 3 times: a 10-for-23 reverse split on May 15, 2008, a 3-for-1 split on June 26, 2008, and a 1-for-10 reverse split on July 30, 2015.
SITO MOBILE LTD has split its stock 3 times. This history records 3 splits between May 15, 2008 and July 30, 2015.
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 SITO MOBILE LTD's 1-for-10 reverse split on July 30, 2015, every 10 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.
SITO MOBILE LTD has not announced a new split in our records. Its most recent split was on July 30, 2015, 11 years ago. Companies announce splits in advance, and any new OTC:STTO split will appear on this page.