Dec 04, 2012
1:40
For every 40 shares held, investors received 1.
The split itself did not change the total investment value.
HUB24 Limited (STU:FSB) operates in the Packaged software industry.
HUB24 Limited company overviewHUB24 Limited's most recent stock split was on December 4, 2012. It was a 1-for-40 reverse split, so shareholders received 1 share for every 40 they held.
HUB24 Limited (STU:FSB) has split its stock 2 times: a 52-for-41 split on July 24, 2012 and a 1-for-40 reverse split on December 4, 2012.
HUB24 Limited has split its stock 2 times. This history records 2 splits between July 24, 2012 and December 4, 2012.
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 HUB24 Limited's 1-for-40 reverse split on December 4, 2012, 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.
HUB24 Limited has not announced a new split in our records. Its most recent split was on December 4, 2012, 13 years ago. Companies announce splits in advance, and any new STU:FSB split will appear on this page.
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