Mar 19, 2002
17:21
For every 21 shares held, investors received 17.
The split itself did not change the total investment value.
Marks and Spencer Group plc (BX:MA6) operates in the Department stores industry.
Marks and Spencer Group plc company overviewMarks and Spencer Group plc's most recent stock split was on March 19, 2002. It was a 17-for-21 reverse split, so shareholders received 17 shares for every 21 they held.
Marks and Spencer Group plc has split its stock once. This history records one reverse split, on March 19, 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 Marks and Spencer Group plc's 17-for-21 reverse split on March 19, 2002, every 21 shares became 17 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Marks and Spencer Group plc has not announced a new split in our records. Its most recent split was on March 19, 2002, 24 years ago. Companies announce splits in advance, and any new BX:MA6 split will appear on this page.
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