Oct 09, 2019
971:1000
For every 1000 shares held, investors received 971. The price per share adjusted from $8.36 to $8.61.
The split itself did not change the total investment value.
Suncorp Group Limited (GETTEX:SU4) operates in the Multi-line insurance industry.
Suncorp Group Limited company overviewSuncorp Group Limited's most recent stock split was on October 9, 2019. It was a 971-for-1000 reverse split, so shareholders received 971 shares for every 1000 they held.
Suncorp Group Limited (GETTEX:SU4) has split its stock 5 times: a 65-for-62 split on March 8, 1990, a 29-for-28 split on September 15, 1992, a 11-for-10 split on September 16, 1994, a 444-for-415 split on February 4, 2009, and a 971-for-1000 reverse split on October 9, 2019.
Suncorp Group Limited has split its stock 5 times. This history records 5 splits between March 8, 1990 and October 9, 2019.
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 Suncorp Group Limited's 971-for-1000 reverse split on October 9, 2019, every 1000 shares became 971 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Suncorp Group Limited has not announced a new split in our records. Its most recent split was on October 9, 2019, 7 years ago. Companies announce splits in advance, and any new GETTEX:SU4 split will appear on this page.
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