Jan 07, 2008
10:1
For every share held, investors received 10. The price per share adjusted from $36.30 to $3.63.
The split itself did not change the total investment value.
Fortescue Ltd (FRA:FVJ) operates in the Steel industry.
Fortescue Ltd company overviewFortescue Ltd's most recent stock split was on January 7, 2008. It was a 10-for-1 forward split, so shareholders received 10 shares for every share they held.
Fortescue Ltd (FRA:FVJ) has split its stock 4 times: a 7-for-6 split on May 16, 1996, a 1-for-5 reverse split on February 17, 1998, a 54-for-53 split on July 2, 2002, and a 10-for-1 split on January 7, 2008.
Fortescue Ltd has split its stock 4 times. This history records 4 splits between May 16, 1996 and January 7, 2008.
A stock split divides each share into more shares and lowers the price per share by the same factor, so the total value of a holding does not change. In Fortescue Ltd's 10-for-1 split on January 7, 2008, every share became 10 shares.
Fortescue Ltd has not announced a new split in our records. Its most recent split was on January 7, 2008, 18 years ago. Companies announce splits in advance, and any new FRA:FVJ split will appear on this page.
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