Sep 28, 2017
15:16
For every 16 shares held, investors received 15. The price per share adjusted from $11.11 to $11.85.
The split itself did not change the total investment value.
Land Securities Group PLC (GETTEX:LSU2) operates in the Real estate investment trusts industry.
Land Securities Group PLC company overviewLand Securities Group PLC's most recent stock split was on September 28, 2017. It was a 15-for-16 reverse split, so shareholders received 15 shares for every 16 they held.
Land Securities Group PLC has split its stock once. This history records one reverse split, on September 28, 2017.
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 Land Securities Group PLC's 15-for-16 reverse split on September 28, 2017, every 16 shares became 15 shares. Companies often use reverse splits to lift a low share price, for example to keep meeting an exchange's minimum price requirement.
Land Securities Group PLC has not announced a new split in our records. Its most recent split was on September 28, 2017, 9 years ago. Companies announce splits in advance, and any new GETTEX:LSU2 split will appear on this page.
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