Sep 22, 2016
289:280
For every 280 shares held, investors received 289. The price per share adjusted from $3.62 to $3.51.
The split itself did not change the total investment value.
Synlait Milk Ltd. (NZX:SML) operates in the Food: meat/fish/dairy industry.
Synlait Milk Ltd. company overviewSynlait Milk Ltd.'s most recent stock split was on September 22, 2016. It was a 289-for-280 forward split, so shareholders received 289 shares for every 280 they held.
Synlait Milk Ltd. has split its stock once. This history records one forward split, on September 22, 2016.
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 Synlait Milk Ltd.'s 289-for-280 split on September 22, 2016, every 280 shares became 289 shares.
Synlait Milk Ltd. has not announced a new split in our records. Its most recent split was on September 22, 2016, 10 years ago. Companies announce splits in advance, and any new NZX:SML split will appear on this page.
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