Jun 02, 2014
1:55
For every 55 shares held, investors received 1. The price per share adjusted from $0.14 to $7.70.
The split itself did not change the total investment value.
Banco Santander (Brasil) S.A. (B3:SANB4F) operates in the Major banks industry.
Banco Santander (Brasil) S.A. company overviewBanco Santander (Brasil) S.A.'s most recent stock split was on June 2, 2014. It was a 1-for-55 reverse split, so shareholders received 1 share for every 55 they held.
Banco Santander (Brasil) S.A. (B3:SANB4F) has split its stock 3 times: a 101-for-59 split on December 27, 2004, a 22-for-21 split on May 28, 2014, and a 1-for-55 reverse split on June 2, 2014.
Banco Santander (Brasil) S.A. has split its stock 3 times. This history records 3 splits between December 27, 2004 and June 2, 2014.
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 Banco Santander (Brasil) S.A.'s 1-for-55 reverse split on June 2, 2014, every 55 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.
Banco Santander (Brasil) S.A. has not announced a new split in our records. Its most recent split was on June 2, 2014, 12 years ago. Companies announce splits in advance, and any new B3:SANB4F split will appear on this page.
Already premium?