Latest Stock Split Details
Key information about Drax Group plc's most recent stock split
Split Date: 2007-04-30
Split Ratio: 64:67
Price Before Split: $761.31
Price After Split: $727.22
Impact of the Stock Split
Understanding what this means for shareholders
- The total value of your investment remains the same
- You now own 1.05 times fewer shares (a 64:67 ratio)
- The price per share is increased proportionally
Historical Stock Splits
A comprehensive history of Drax Group plc's stock splits
| Date | Ratio | Is Reverse Split | Price Before Split | Price After Split |
|---|---|---|---|---|
| 2007-04-30 | 64:67 | Yes | $761.31 | $727.22 |
| 2006-10-09 | 29:32 | Yes | $699.90 | $634.28 |
About Drax Group plc
Company overview and industry information
Drax Group plc (DRX.L) operates in the Renewable Utilities industry. The recent 64-for-67 reverse stock split is part of the company's strategy to adjust its share price and potentially meet stock exchange listing requirements.
Renewable Utilities
Go to Drax Group plc Summary