Sep 08, 2000
11:10
For every 10 shares held, investors received 11. The price per share adjusted from $3.34 to $3.03.
The split itself did not change the total investment value.
Schaffer Corporation Limited (ASX:SFC) operates in the Consumer sundries industry.
Schaffer Corporation Limited company overviewSchaffer Corporation Limited's most recent stock split was on September 8, 2000. It was a 11-for-10 forward split, so shareholders received 11 shares for every 10 they held.
Schaffer Corporation Limited (ASX:SFC) has split its stock 5 times: a 11-for-10 split on September 19, 1985, a 11-for-10 split on September 19, 1986, a 5-for-4 split on April 16, 1987, a 11-for-10 split on April 11, 2000, and a 11-for-10 split on September 8, 2000.
Schaffer Corporation Limited has split its stock 5 times. This history records 5 forward splits between September 19, 1985 and September 8, 2000.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Schaffer Corporation Limited's 11-for-10 split on September 8, 2000, every 10 shares became 11 shares.
Schaffer Corporation Limited has not announced a new split in our records. Its most recent split was on September 8, 2000, 26 years ago. Companies announce splits in advance, and any new ASX:SFC split will appear on this page.
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