Sep 16, 2021
10:27
For every 27 shares held, investors received 10.
The split itself did not change the total investment value.
SATO Technologies Corp (TSXV:SATO) operates in the Data processing services industry.
SATO Technologies Corp company overviewSATO Technologies Corp's most recent stock split was on September 16, 2021. It was a 10-for-27 reverse split, so shareholders received 10 shares for every 27 they held.
SATO Technologies Corp (TSXV:SATO) has split its stock 2 times: a 1-for-3 reverse split on March 21, 2017 and a 10-for-27 reverse split on September 16, 2021.
SATO Technologies Corp has split its stock 2 times. This history records 2 reverse splits between March 21, 2017 and September 16, 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 SATO Technologies Corp's 10-for-27 reverse split on September 16, 2021, every 27 shares became 10 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
SATO Technologies Corp has not announced a new split in our records. Its most recent split was on September 16, 2021, 5 years ago. Companies announce splits in advance, and any new TSXV:SATO split will appear on this page.
Already premium?