Nov 23, 2020
1:200
For every 200 shares held, investors received 1.
The split itself did not change the total investment value.
Sparc Technologies Ltd (ASX:SPN) operates in the Miscellaneous commercial services industry.
Sparc Technologies Ltd company overviewSparc Technologies Ltd's most recent stock split was on November 23, 2020. It was a 1-for-200 reverse split, so shareholders received 1 share for every 200 they held.
Sparc Technologies Ltd (ASX:SPN) has split its stock 7 times: a 3-for-2 split on November 17, 1995, a 1-for-100 reverse split on September 11, 1998, a 81-for-80 split on April 12, 2000, a 9-for-7 split on August 12, 2009, a 21-for-17 split on October 26, 2016, a 4-for-3 split on August 30, 2018, and a 1-for-200 reverse split on November 23, 2020.
Sparc Technologies Ltd has split its stock 7 times. This history records 7 splits between November 17, 1995 and November 23, 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 Sparc Technologies Ltd's 1-for-200 reverse split on November 23, 2020, every 200 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.
Sparc Technologies Ltd has not announced a new split in our records. Its most recent split was on November 23, 2020, 5 years ago. Companies announce splits in advance, and any new ASX:SPN split will appear on this page.
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