Dec 30, 2022
1:10
For every 10 shares held, investors received 1. The price per share adjusted from $0.00 to $0.04.
The split itself did not change the total investment value.
Sabre Resources Ltd (ASX:SBR) operates in the Precious metals industry.
Sabre Resources Ltd company overviewSabre Resources Ltd's most recent stock split was on December 30, 2022. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Sabre Resources Ltd (ASX:SBR) has split its stock 4 times: a 833-for-10000 reverse split on December 4, 1997, a 1-for-25 reverse split on June 8, 2000, a 1-for-25 reverse split on June 23, 2000, and a 1-for-10 reverse split on December 30, 2022.
Sabre Resources Ltd has split its stock 4 times. This history records 4 reverse splits between December 4, 1997 and December 30, 2022.
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 Sabre Resources Ltd's 1-for-10 reverse split on December 30, 2022, 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.
Sabre Resources Ltd has not announced a new split in our records. Its most recent split was on December 30, 2022, 3 years ago. Companies announce splits in advance, and any new ASX:SBR split will appear on this page.
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