Sep 27, 2004
9:10
For every 10 shares held, investors received 9. The price per share adjusted from $2774.00 to $3082.22.
The split itself did not change the total investment value.
Reunert Limited (JSE:RLO) operates in the Electronics/Appliances industry.
Reunert Limited company overviewReunert Limited's most recent stock split was on September 27, 2004. It was a 9-for-10 reverse split, so shareholders received 9 shares for every 10 they held.
Reunert Limited (JSE:RLO) has split its stock 2 times: a 5-for-1 split on November 22, 1993 and a 9-for-10 reverse split on September 27, 2004.
Reunert Limited has split its stock 2 times. This history records 2 splits between November 22, 1993 and September 27, 2004.
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 Reunert Limited's 9-for-10 reverse split on September 27, 2004, every 10 shares became 9 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Reunert Limited has not announced a new split in our records. Its most recent split was on September 27, 2004, 22 years ago. Companies announce splits in advance, and any new JSE:RLO split will appear on this page.
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