May 16, 2005
4000:4329
For every 4329 shares held, investors received 4000. The price per share adjusted from $1370.00 to $1482.68.
The split itself did not change the total investment value.
FirstRand Limited (JSE:FSR) operates in the Major banks industry.
FirstRand Limited company overviewFirstRand Limited's most recent stock split was on May 16, 2005. It was a 4000-for-4329 reverse split, so shareholders received 4000 shares for every 4329 they held.
FirstRand Limited (JSE:FSR) has split its stock 2 times: a 10-for-1 split on April 14, 1997 and a 4000-for-4329 reverse split on May 16, 2005.
FirstRand Limited has split its stock 2 times. This history records 2 splits between April 14, 1997 and May 16, 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 FirstRand Limited's 4000-for-4329 reverse split on May 16, 2005, every 4329 shares became 4000 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
FirstRand Limited has not announced a new split in our records. Its most recent split was on May 16, 2005, 21 years ago. Companies announce splits in advance, and any new JSE:FSR split will appear on this page.
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