Jun 03, 2002
895:947
For every 947 shares held, investors received 895. The price per share adjusted from $33.30 to $35.23.
The split itself did not change the total investment value.
The J.M. Smucker Company (NYSE:SJM) operates in the Food: specialty/candy industry.
The J.M. Smucker Company company overviewThe J.M. Smucker Company's most recent stock split was on June 3, 2002. It was a 895-for-947 reverse split, so shareholders received 895 shares for every 947 they held.
The J.M. Smucker Company (NYSE:SJM) has split its stock 5 times: a 2-for-1 split on May 24, 1983, a 2-for-1 split on December 3, 1985, a 2-for-1 split on May 31, 1990, a 2-for-1 split on October 1, 1991, and a 895-for-947 reverse split on June 3, 2002.
The J.M. Smucker Company has split its stock 5 times. This history records 5 splits between May 24, 1983 and June 3, 2002.
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 The J.M. Smucker Company's 895-for-947 reverse split on June 3, 2002, every 947 shares became 895 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
The J.M. Smucker Company has not announced a new split in our records. Its most recent split was on June 3, 2002, 24 years ago. Companies announce splits in advance, and any new NYSE:SJM split will appear on this page.