Apr 20, 2023
1:3
For every 3 shares held, investors received 1.
The split itself did not change the total investment value.
Melrose Industries PLC (DUS:27M) operates in the Aerospace & defense industry.
Melrose Industries PLC company overviewMelrose Industries PLC's most recent stock split was on April 20, 2023. It was a 1-for-3 reverse split, so shareholders received 1 share for every 3 they held.
Melrose Industries PLC (DUS:27M) has split its stock 7 times: a 1-for-2 reverse split on August 16, 2007, a 11-for-14 reverse split on August 9, 2011, a 11-for-13 reverse split on February 10, 2014, a 13-for-14 reverse split on February 23, 2015, a 7-for-48 reverse split on January 28, 2016, a 9-for-10 reverse split on August 31, 2021, and a 1-for-3 reverse split on April 20, 2023.
Melrose Industries PLC has split its stock 7 times. This history records 7 reverse splits between August 16, 2007 and April 20, 2023.
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 Melrose Industries PLC's 1-for-3 reverse split on April 20, 2023, every 3 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.
Melrose Industries PLC has not announced a new split in our records. Its most recent split was on April 20, 2023, 3 years ago. Companies announce splits in advance, and any new DUS:27M split will appear on this page.
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