Jun 08, 2006
5:1
For every share held, investors received 5. The price per share adjusted from $45.80 to $9.16.
The split itself did not change the total investment value.
Sandvik AB (FRA:SVKB) operates in the Trucks/Construction/Farm machinery industry.
Sandvik AB company overviewSandvik AB's most recent stock split was on June 8, 2006. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
Sandvik AB (FRA:SVKB) has split its stock 2 times: a 5-for-1 split on June 14, 1993 and a 5-for-1 split on June 8, 2006.
Sandvik AB has split its stock 2 times. This history records 2 forward splits between June 14, 1993 and June 8, 2006.
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 Sandvik AB's 5-for-1 split on June 8, 2006, every share became 5 shares.
Sandvik AB has not announced a new split in our records. Its most recent split was on June 8, 2006, 20 years ago. Companies announce splits in advance, and any new FRA:SVKB split will appear on this page.
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