Drax Group plc
Latest Stock Split
Apr 30, 2007
64:67
For every 67 shares held, investors received 64.
The split itself did not change the total investment value.
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Build with our dataStock Split History
- Apr 30, 2007Before—Split ratio64:67After—Reverse
- Oct 09, 2006Before—Split ratio29:32After—Reverse
About Drax Group plc stock splits
Drax Group plc (GETTEX:D9F2) operates in the Electric utilities industry.
Drax Group plc company overviewWhen did Drax Group plc stock split?
Drax Group plc's most recent stock split was on April 30, 2007. It was a 64-for-67 reverse split, so shareholders received 64 shares for every 67 they held.
What is Drax Group plc's stock split history?
Drax Group plc (GETTEX:D9F2) has split its stock 2 times: a 29-for-32 reverse split on October 9, 2006 and a 64-for-67 reverse split on April 30, 2007.
How many times has Drax Group plc stock split?
Drax Group plc has split its stock 2 times. This history records 2 reverse splits between October 9, 2006 and April 30, 2007.
What is a reverse stock split?
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 Drax Group plc's 64-for-67 reverse split on April 30, 2007, every 67 shares became 64 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Will Drax Group plc split its stock again?
Drax Group plc has not announced a new split in our records. Its most recent split was on April 30, 2007, 19 years ago. Companies announce splits in advance, and any new GETTEX:D9F2 split will appear on this page.