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Spark New Zealand Limited

Spark New Zealand Limited

1.54
AUD
+0.01
(+0.33%)
3.62BMarket Cap
Feb 23Next Earn

Latest Stock Split

Sep 24, 2007

8:9

For every 9 shares held, investors received 8. The price per share adjusted from $3.63 to $4.08.

The split itself did not change the total investment value.

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Stock Split History

  1. Sep 24, 2007
    Before$3.63
    Split ratio8:9
    After$4.08
    Reverse

About Spark New Zealand Limited stock splits

Spark New Zealand Limited (ASX:SPK) operates in the Major telecommunications industry.

Spark New Zealand Limited company overview

When did Spark New Zealand Limited stock split?

Spark New Zealand Limited's most recent stock split was on September 24, 2007. It was a 8-for-9 reverse split, so shareholders received 8 shares for every 9 they held.

How many times has Spark New Zealand Limited stock split?

Spark New Zealand Limited has split its stock once. This history records one reverse split, on September 24, 2007.

What is a reverse stock split?

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 Spark New Zealand Limited's 8-for-9 reverse split on September 24, 2007, every 9 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.

Will Spark New Zealand Limited split its stock again?

Spark New Zealand Limited has not announced a new split in our records. Its most recent split was on September 24, 2007, 19 years ago. Companies announce splits in advance, and any new ASX:SPK split will appear on this page.