Oct 19, 2005
9:10
For every 10 shares held, investors received 9.
The split itself did not change the total investment value.
Sanlam Limited (GETTEX:LA6A) operates in the Property/Casualty insurance industry.
Sanlam Limited company overviewSanlam Limited's most recent stock split was on October 19, 2005. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Sanlam Limited has split its stock once. This history records one reverse split, on October 19, 2005.
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 Sanlam Limited's 9-for-10 reverse split on October 19, 2005, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Sanlam Limited has not announced a new split in our records. Its most recent split was on October 19, 2005, 21 years ago. Companies announce splits in advance, and any new GETTEX:LA6A split will appear on this page.
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