Oct 28, 2020
5:8
For every 8 shares held, investors received 5.
The split itself did not change the total investment value.
Sunshine Metals Limited (ASX:SHN) operates in the Precious metals industry.
Sunshine Metals Limited company overviewSunshine Metals Limited's most recent stock split was on October 28, 2020. It was a 5-for-8 reverse split, so shareholders received 5 shares for every 8 they held.
Sunshine Metals Limited (ASX:SHN) has split its stock 5 times: a 47-for-43 split on October 8, 2004, a 45-for-44 split on June 10, 2009, a 49-for-45 split on April 20, 2010, a 21-for-19 split on May 21, 2015, and a 5-for-8 reverse split on October 28, 2020.
Sunshine Metals Limited has split its stock 5 times. This history records 5 splits between October 8, 2004 and October 28, 2020.
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 Sunshine Metals Limited's 5-for-8 reverse split on October 28, 2020, every 8 shares became 5 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Sunshine Metals Limited has not announced a new split in our records. Its most recent split was on October 28, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:SHN split will appear on this page.
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