Nov 16, 2016
1:100
For every 100 shares held, investors received 1. The price per share adjusted from $0.00 to $0.20.
The split itself did not change the total investment value.
Sequoia Financial Group Ltd. (ASX:SEQ) operates in the Investment managers industry.
Sequoia Financial Group Ltd. company overviewSequoia Financial Group Ltd.'s most recent stock split was on November 16, 2016. It was a 1-for-100 reverse split, so shareholders received 1 share for every 100 they held.
Sequoia Financial Group Ltd. (ASX:SEQ) has split its stock 5 times: a 9-for-5 split on April 5, 2002, a 1-for-20 reverse split on March 11, 2003, a 1-for-383 reverse split on July 21, 2005, a 6-for-5 split on June 16, 2014, and a 1-for-100 reverse split on November 16, 2016.
Sequoia Financial Group Ltd. has split its stock 5 times. This history records 5 splits between April 5, 2002 and November 16, 2016.
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 Sequoia Financial Group Ltd.'s 1-for-100 reverse split on November 16, 2016, every 100 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.
Sequoia Financial Group Ltd. has not announced a new split in our records. Its most recent split was on November 16, 2016, 9 years ago. Companies announce splits in advance, and any new ASX:SEQ split will appear on this page.
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