Apr 23, 2008
1:25
For every 25 shares held, investors received 1.
The split itself did not change the total investment value.
Salt Investments Limited (SGX:FQ7) operates in the Marine shipping industry.
Salt Investments Limited company overviewSalt Investments Limited's most recent stock split was on April 23, 2008. It was a 1-for-25 reverse split, so shareholders received 1 share for every 25 they held.
Salt Investments Limited (SGX:FQ7) has split its stock 2 times: a 2-for-1 split on March 1, 2000 and a 1-for-25 reverse split on April 23, 2008.
Salt Investments Limited has split its stock 2 times. This history records 2 splits between March 1, 2000 and April 23, 2008.
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 Salt Investments Limited's 1-for-25 reverse split on April 23, 2008, every 25 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.
Salt Investments Limited has not announced a new split in our records. Its most recent split was on April 23, 2008, 18 years ago. Companies announce splits in advance, and any new SGX:FQ7 split will appear on this page.
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