Aug 13, 2010
1:10
For every 10 shares held, investors received 1.
The split itself did not change the total investment value.
Saratoga Investment Corp New (FRA:QJ8) operates in the Investment trusts industry.
Saratoga Investment Corp New company overviewSaratoga Investment Corp New's most recent stock split was on August 13, 2010. It was a 1-for-10 reverse split, so shareholders received 1 share for every 10 they held.
Saratoga Investment Corp New has split its stock once. This history records one reverse split, on August 13, 2010.
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 Saratoga Investment Corp New's 1-for-10 reverse split on August 13, 2010, every 10 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.
Saratoga Investment Corp New has not announced a new split in our records. Its most recent split was on August 13, 2010, 16 years ago. Companies announce splits in advance, and any new FRA:QJ8 split will appear on this page.