Jun 23, 2003
3:1
For every share held, investors received 3. The price per share adjusted from $105.00 to $35.00.
The split itself did not change the total investment value.
SLM Corporation (GETTEX:SM1) operates in the Finance/Rental/Leasing industry.
SLM Corporation company overviewSLM Corporation's most recent stock split was on June 23, 2003. It was a 3-for-1 forward split, so shareholders received 3 shares for every share they held.
SLM Corporation (GETTEX:SM1) has split its stock 3 times: a 5-for-2 split on July 3, 1989, a 7-for-2 split on January 5, 1998, and a 3-for-1 split on June 23, 2003.
SLM Corporation has split its stock 3 times. This history records 3 forward splits between July 3, 1989 and June 23, 2003.
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 SLM Corporation's 3-for-1 split on June 23, 2003, every share became 3 shares.
SLM Corporation has not announced a new split in our records. Its most recent split was on June 23, 2003, 23 years ago. Companies announce splits in advance, and any new GETTEX:SM1 split will appear on this page.