Sep 24, 2015
1:1500
For every 1500 shares held, investors received 1.
The split itself did not change the total investment value.
TORM PLC Class A (CPH:TRMD_A) operates in the Marine shipping industry.
TORM PLC Class A company overviewTORM PLC Class A's most recent stock split was on September 24, 2015. It was a 1-for-1500 reverse split, so shareholders received 1 share for every 1500 they held.
TORM PLC Class A (CPH:TRMD_A) has split its stock 3 times: a 2-for-1 split on May 23, 2007, a 1-for-10 reverse split on November 27, 2012, and a 1-for-1500 reverse split on September 24, 2015.
TORM PLC Class A has split its stock 3 times. This history records 3 splits between May 23, 2007 and September 24, 2015.
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 TORM PLC Class A's 1-for-1500 reverse split on September 24, 2015, every 1500 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.
TORM PLC Class A has not announced a new split in our records. Its most recent split was on September 24, 2015, 11 years ago. Companies announce splits in advance, and any new CPH:TRMD_A split will appear on this page.
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