Jul 08, 2004
11:13
For every 13 shares held, investors received 11.
The split itself did not change the total investment value.
Marshalls plc (GETTEX:1QG) operates in the Construction materials industry.
Marshalls plc company overviewMarshalls plc's most recent stock split was on July 8, 2004. It was a 11-for-13 reverse split, so shareholders received 11 shares for every 13 they held.
Marshalls plc (GETTEX:1QG) has split its stock 4 times: a 2-for-1 split on August 12, 1985, a 2-for-1 split on September 4, 1989, a 75-for-74 split on November 25, 1991, and a 11-for-13 reverse split on July 8, 2004.
Marshalls plc has split its stock 4 times. This history records 4 splits between August 12, 1985 and July 8, 2004.
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 Marshalls plc's 11-for-13 reverse split on July 8, 2004, every 13 shares became 11 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Marshalls plc has not announced a new split in our records. Its most recent split was on July 8, 2004, 22 years ago. Companies announce splits in advance, and any new GETTEX:1QG split will appear on this page.
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