Jun 16, 1997
5:1
For every share held, investors received 5.
The split itself did not change the total investment value.
FLSmidth & Co. A/S (IOB:0OJA) operates in the Construction materials industry.
FLSmidth & Co. A/S company overviewFLSmidth & Co. A/S's most recent stock split was on June 16, 1997. It was a 5-for-1 forward split, so shareholders received 5 shares for every share they held.
FLSmidth & Co. A/S (IOB:0OJA) has split its stock 4 times: a 1-for-5 reverse split on March 29, 1988, a 5-for-1 split on September 18, 1989, a 6-for-5 split on August 26, 1992, and a 5-for-1 split on June 16, 1997.
FLSmidth & Co. A/S has split its stock 4 times. This history records 4 splits between March 29, 1988 and June 16, 1997.
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 FLSmidth & Co. A/S's 5-for-1 split on June 16, 1997, every share became 5 shares.
FLSmidth & Co. A/S has not announced a new split in our records. Its most recent split was on June 16, 1997, 29 years ago. Companies announce splits in advance, and any new IOB:0OJA split will appear on this page.
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