Aug 09, 2021
1:3
For every 3 shares held, investors received 1. The price per share adjusted from $0.19 to $0.57.
The split itself did not change the total investment value.
Savor Ltd. (NZX:SVR) operates in the Beverages: alcoholic industry.
Savor Ltd. company overviewSavor Ltd.'s most recent stock split was on August 9, 2021. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Savor Ltd. (NZX:SVR) has split its stock 6 times: a 57-for-49 split on August 1, 2014, a 164-for-163 split on September 19, 2016, a 88-for-87 split on March 15, 2019, a 108-for-101 split on April 20, 2020, a 569-for-552 split on March 17, 2021, and a 1-for-3 reverse split on August 9, 2021.
Savor Ltd. has split its stock 6 times. This history records 6 splits between August 1, 2014 and August 9, 2021.
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 Savor Ltd.'s 1-for-3 reverse split on August 9, 2021, every 3 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.
Savor Ltd. has not announced a new split in our records. Its most recent split was on August 9, 2021, 5 years ago. Companies announce splits in advance, and any new NZX:SVR split will appear on this page.
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