Feb 25, 2008
8:9
For every 9 shares held, investors received 8.
The split itself did not change the total investment value.
Standard Bank Group Limited (GETTEX:SKC2) operates in the Regional banks industry.
Standard Bank Group Limited company overviewStandard Bank Group Limited's most recent stock split was on February 25, 2008. It was a 8-for-9 reverse split, so shareholders received 8 shares for every 9 they held.
Standard Bank Group Limited (GETTEX:SKC2) has split its stock 2 times: a 10-for-1 split on May 4, 1998 and a 8-for-9 reverse split on February 25, 2008.
Standard Bank Group Limited has split its stock 2 times. This history records 2 splits between May 4, 1998 and February 25, 2008.
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 Standard Bank Group Limited's 8-for-9 reverse split on February 25, 2008, every 9 shares became 8 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Standard Bank Group Limited has not announced a new split in our records. Its most recent split was on February 25, 2008, 18 years ago. Companies announce splits in advance, and any new GETTEX:SKC2 split will appear on this page.
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