Jun 13, 2005
1:6
For every 6 shares held, investors received 1.
The split itself did not change the total investment value.
Lesaka Technologies, Inc. (JSE:LSK) operates in the Packaged software industry.
Lesaka Technologies, Inc. company overviewLesaka Technologies, Inc.'s most recent stock split was on June 13, 2005. It was a 1-for-6 reverse split, so shareholders received 1 share for every 6 they held.
Lesaka Technologies, Inc. (JSE:LSK) has split its stock 2 times: a 2-for-1 split on June 16, 1998 and a 1-for-6 reverse split on June 13, 2005.
Lesaka Technologies, Inc. has split its stock 2 times. This history records 2 splits between June 16, 1998 and June 13, 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 Lesaka Technologies, Inc.'s 1-for-6 reverse split on June 13, 2005, every 6 shares became one share. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Lesaka Technologies, Inc. has not announced a new split in our records. Its most recent split was on June 13, 2005, 21 years ago. Companies announce splits in advance, and any new JSE:LSK split will appear on this page.
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