Nov 21, 2024
1:1000
For every 1000 shares held, investors received 1. The price per share adjusted from $0.01 to $11.80.
The split itself did not change the total investment value.
Saxlund Group AB (STO:SAXG) operates in the Industrial machinery industry.
Saxlund Group AB company overviewSaxlund Group AB's most recent stock split was on November 21, 2024. It was a 1-for-1000 reverse split, so shareholders received 1 share for every 1000 they held.
Saxlund Group AB (STO:SAXG) has split its stock 9 times: a 1-for-100 reverse split on September 30, 2014, a 832-for-687 split on May 19, 2015, a 315-for-163 split on March 14, 2016, a 1-for-100 reverse split on September 14, 2016, a 126-for-121 split on May 10, 2017, a 2430-for-817 split on December 4, 2018, a 6-for-5 split on September 30, 2020, a 9-for-7 split on August 28, 2024, and a 1-for-1000 reverse split on November 21, 2024.
Saxlund Group AB has split its stock 9 times. This history records 9 splits between September 30, 2014 and November 21, 2024.
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 Saxlund Group AB's 1-for-1000 reverse split on November 21, 2024, every 1000 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.
Saxlund Group AB has not announced a new split in our records. Its most recent split was on November 21, 2024, 1 year ago. Companies announce splits in advance, and any new STO:SAXG split will appear on this page.
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