Dec 13, 2013
1:5
For every 5 shares held, investors received 1.
The split itself did not change the total investment value.
Seacoast Banking Corporation of Florida (DUS:SBG1) operates in the Regional banks industry.
Seacoast Banking Corporation of Florida company overviewSeacoast Banking Corporation of Florida's most recent stock split was on December 13, 2013. It was a 1-for-5 reverse split, so shareholders received 1 share for every 5 they held.
Seacoast Banking Corporation of Florida (DUS:SBG1) has split its stock 4 times: a 3-for-2 split on October 18, 1988, a 3-for-1 split on July 16, 2002, a 11-for-10 split on July 30, 2003, and a 1-for-5 reverse split on December 13, 2013.
Seacoast Banking Corporation of Florida has split its stock 4 times. This history records 4 splits between October 18, 1988 and December 13, 2013.
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 Seacoast Banking Corporation of Florida's 1-for-5 reverse split on December 13, 2013, every 5 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.
Seacoast Banking Corporation of Florida has not announced a new split in our records. Its most recent split was on December 13, 2013, 12 years ago. Companies announce splits in advance, and any new DUS:SBG1 split will appear on this page.