Hub24 Ltd
ASX:HUB
HUB's latest stock split occurred on Dec 4, 2012
The company executed a 1-for-40 stock split, meaning that for every 40 shares held, investors received 1 new share.
Before the split, HUB traded at 0.48 per share. Afterward, the share price was about 0.4659.
The adjusted shares began trading on Dec 4, 2012. This was HUB's 3rd stock split, following the previous one in Dec 3, 2012.
WKSP
NAYA
300803
WKHS
Hub24 Ltd
Glance View
In the financial services landscape, Hub24 Ltd stands out as a prominent player, offering an innovative investment and superannuation platform that has become essential for financial advisers and their clients. Founded in Australia, Hub24 has carved out a niche by streamlining the complex process of managing diversified investment portfolios. The company operates an integrated platform that amalgamates various financial services, facilitating seamless portfolio administration while enhancing transparency and control for users. Hub24’s platform enables financial advisers to create tailored investment solutions, leveraging the benefits of technology to provide a personalized experience for end clients. This client-centric approach has positioned Hub24 as a pivotal partner in optimizing financial outcomes for investors. At its core, Hub24 generates revenue through a fee-based model, collecting platform administration fees from users. These fees are tiered based on the level of assets under management, yielding a scalable income stream that grows commensurately with customer investments. Additionally, the company benefits from various ancillary fees related to transaction processing and custodial services. By continuously investing in platform enhancements and expanding its product offerings, Hub24 not only retains its existing clientele but also attracts new business, thus ensuring a steady flow of revenue. Its strategic focus on innovation and service efficiency ensures that Hub24 remains competitive in the ever-evolving financial services sector, blending cutting-edge technology with a keen understanding of market dynamics.
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