Jun 30, 2020
1:5
For every 5 shares held, investors received 1. The price per share adjusted from $6.09 to $30.45.
The split itself did not change the total investment value.
Avita Medical, Inc. (NASDAQ:RCEL) operates in the Medical specialties industry.
Avita Medical, Inc. company overviewAvita Medical, Inc.'s most recent stock split was on June 30, 2020. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Avita Medical, Inc. (NASDAQ:RCEL) has split its stock 3 times: a 1013-for-1000 split on June 21, 2016, a 1121-for-1000 split on October 17, 2017, and a 1-for-5 reverse split on June 30, 2020.
Avita Medical, Inc. has split its stock 3 times. This history records 3 splits between June 21, 2016 and June 30, 2020.
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 Avita Medical, Inc.'s 1-for-5 reverse split on June 30, 2020, every 5 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.
Avita Medical, Inc. has not announced a new split in our records. Its most recent split was on June 30, 2020, 6 years ago. Companies announce splits in advance, and any new NASDAQ:RCEL split will appear on this page.