Nov 08, 2021
1:7
For every 7 shares held, investors received 1. The price per share adjusted from $3.80 to $26.60.
The split itself did not change the total investment value.
Sangoma Technologies Corporation (TSX:STC) operates in the Telecommunications equipment industry.
Sangoma Technologies Corporation company overviewSangoma Technologies Corporation's most recent stock split was on November 8, 2021. It was a 1-for-7 reverse split, so shareholders received 1 share for every 7 they held.
Sangoma Technologies Corporation (TSX:STC) has split its stock 2 times: a 1-for-2 reverse split on May 1, 2000 and a 1-for-7 reverse split on November 8, 2021.
Sangoma Technologies Corporation has split its stock 2 times. This history records 2 reverse splits between May 1, 2000 and November 8, 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 Sangoma Technologies Corporation's 1-for-7 reverse split on November 8, 2021, every 7 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.
Sangoma Technologies Corporation has not announced a new split in our records. Its most recent split was on November 8, 2021, 4 years ago. Companies announce splits in advance, and any new TSX:STC split will appear on this page.
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