Jun 17, 2002
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.54 to $1.62.
The split itself did not change the total investment value.
FSA Group Limited (ASX:FSA) operates in the Finance/Rental/Leasing industry.
FSA Group Limited company overviewFSA Group Limited's most recent stock split was on June 17, 2002. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
FSA Group Limited has split its stock once. This history records one reverse split, on June 17, 2002.
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 FSA Group Limited's 1-for-3 reverse split on June 17, 2002, every 3 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.
FSA Group Limited has not announced a new split in our records. Its most recent split was on June 17, 2002, 24 years ago. Companies announce splits in advance, and any new ASX:FSA split will appear on this page.
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