Aug 14, 2018
67:62
For every 62 shares held, investors received 67. The price per share adjusted from $1.34 to $1.24.
The split itself did not change the total investment value.
Steel & Tube Holdings Limited (NZX:STU) operates in the Wholesale distributors industry.
Steel & Tube Holdings Limited company overviewSteel & Tube Holdings Limited's most recent stock split was on August 14, 2018. It was a 67-for-62 forward split, so shareholders received 67 shares for every 62 they held.
Steel & Tube Holdings Limited (NZX:STU) has split its stock 4 times: a 6-for-5 split on July 1, 1985, a 37-for-36 split on September 4, 1985, a 2-for-1 split on September 15, 1997, and a 67-for-62 split on August 14, 2018.
Steel & Tube Holdings Limited has split its stock 4 times. This history records 4 forward splits between July 1, 1985 and August 14, 2018.
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 Steel & Tube Holdings Limited's 67-for-62 split on August 14, 2018, every 62 shares became 67 shares.
Steel & Tube Holdings Limited has not announced a new split in our records. Its most recent split was on August 14, 2018, 8 years ago. Companies announce splits in advance, and any new NZX:STU split will appear on this page.
Already premium?