Nov 22, 1999
9:8
For every 8 shares held, investors received 9. The price per share adjusted from $5.55 to $4.93.
The split itself did not change the total investment value.
Sanford Limited (NZX:SAN) operates in the Agricultural commodities/Milling industry.
Sanford Limited company overviewSanford Limited's most recent stock split was on November 22, 1999. It was a 9-for-8 forward split, so shareholders received 9 shares for every 8 they held.
Sanford Limited (NZX:SAN) has split its stock 6 times: a 2-for-1 split on August 20, 1987, a 11-for-10 split on November 27, 1991, a 11-for-10 split on November 30, 1992, a 11-for-10 split on December 6, 1993, a 341-for-327 split on December 19, 1995, and a 9-for-8 split on November 22, 1999.
Sanford Limited has split its stock 6 times. This history records 6 forward splits between August 20, 1987 and November 22, 1999.
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 Sanford Limited's 9-for-8 split on November 22, 1999, every 8 shares became 9 shares.
Sanford Limited has not announced a new split in our records. Its most recent split was on November 22, 1999, 26 years ago. Companies announce splits in advance, and any new NZX:SAN split will appear on this page.
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